Introduction
Lending Bitcoin Gold can be a great option for those who want to hold BTG 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 Bitcoin Gold (BTG) tokens
In order to lend Bitcoin Gold, you need to have it. To obtain Bitcoin Gold, you’ll need to purchase it. You can choose from these popular exchanges.
See all 5 pricesPlatform Coin Price Uphold Bitcoin Gold (BTG) $22.24 Binance Bitcoin Gold (BTG) $0 Bitget Bitcoin Gold (BTG) $20.05 Bake Bitcoin Gold (BTG) $20.42 Bybit Bitcoin Gold (BTG) $19.94 2. Choose a Bitcoin Gold lender
Once you have BTG, you’ll need to choose a Bitcoin Gold lending platform to lend your tokens. You can see some options here.
3. Lend your Bitcoin Gold
Once you’ve chosen a platform to lending your Bitcoin Gold, transfer your Bitcoin Gold 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
Bitcoin Gold (BTG) is currently priced at $20.05 with a 24-hour trading volume of $1.01M. In the last 24 hours, Bitcoin Gold has experienced a decrease of -1.72%. The market cap of Bitcoin Gold stands at 358.25M, with $17.51M BTG in circulation. For those looking to buy or trade Bitcoin Gold, reputable platforms like Bitget and Bybit offer avenues to do so securely and efficiently.
- Market cap
- $358.25M
- 24h Volume
- $1.01M
- Circulating supply
- $17.51M