Introduction
Lending Nova Merged wBTC (zkLink) can be a great option for those who want to hold WBTC but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Nova Merged wBTC (zkLink) (WBTC) Tokens
To lend Nova Merged wBTC (zkLink), you need to have it. To get Nova Merged wBTC (zkLink), you’ll need to buy it. You can pick from these popular exchanges.
See all 12 pricesPlatform Coin Price Uphold Nova Merged wBTC (zkLink) (WBTC) 105 586,08 Blockchain.com Nova Merged wBTC (zkLink) (WBTC) 19 154,51 FMFW.io Nova Merged wBTC (zkLink) (WBTC) 105 392 Currency.com Nova Merged wBTC (zkLink) (WBTC) 85 217,85 Phemex Nova Merged wBTC (zkLink) (WBTC) 108 038,8 Probit Nova Merged wBTC (zkLink) (WBTC) 108 080 2. Choose a Nova Merged wBTC (zkLink) Lender
Once you have WBTC, you’ll need to choose a Nova Merged wBTC (zkLink) lending platform to lend your tokens. You can see some options here.
See all 4 lending ratesPlatform Coin Interest rate Aave Nova Merged wBTC (zkLink) (WBTC) Up to 0,13% APY Blockchain.com Nova Merged wBTC (zkLink) (WBTC) Up to 0,65% APY 3. Lend Your Nova Merged wBTC (zkLink)
Once you’ve chosen a platform to lend your Nova Merged wBTC (zkLink), transfer your Nova Merged wBTC (zkLink) into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compound interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Nova Merged wBTC (zkLink) (WBTC) is presently priced at US$0,13 with a 24-hour trading volume of US$1 185,9. For those interested in buying or trading Nova Merged wBTC (zkLink), Aave offers ways to do so safely and efficiently
- 24h trading volume
- US$1 185,9