Introduction
Lending Biconomy Token can be a great option for those who want to hold BICO but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step
1. Obtain Biconomy Token (BICO) tokens
In order to lend Biconomy Token, you need to have it. To obtain Biconomy Token, you’ll need to purchase it. You can choose from these popular exchanges.
See all 13 pricesPlatform Coin Price Bitpanda Biconomy Token (BICO) $0.2059 Uphold Biconomy Token (BICO) $0.2572 Kraken Biconomy Token (BICO) $0.2069 OKX Biconomy Token (BICO) $0.2051 Binance Biconomy Token (BICO) $0.204 Coinbase Biconomy Token (BICO) $0.2051 2. Choose a Biconomy Token lender
Once you have BICO, you’ll need to choose a Biconomy Token lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate OKX Biconomy Token (BICO) Up to 1% APY Kucoin Biconomy Token (BICO) Up to 0.5% APY 3. Lend your Biconomy Token
Once you’ve chosen a platform to lending your Biconomy Token, transfer your Biconomy Token into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 compounding 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
Biconomy Token (BICO) is currently priced at $0.2051 with a 24-hour trading volume of $7.12M. In the last 24 hours, Biconomy Token has seen an increase of 3.07%. The market cap of Biconomy Token stands at 180.95M, with $866.38M BICO in circulation. For those looking to buy or trade Biconomy Token, reputable platforms like Bitpanda, OKX and Coinbase offer avenues to do so securely and efficiently.
- Market cap
- $180.95M
- 24h Volume
- $7.12M
- Circulating supply
- $866.38M