Introduction
Lending Biconomy can be a great option for those who want to hold BICO while earning yield. The steps may seem 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 Biconomy (BICO) tokens
To lend Biconomy, you need to possess it. To acquire Biconomy, you'll need to buy it. You can select from these popular exchanges.
See all 44 pricesPlatform Coin Cost Binance Biconomy (BICO) 0.1 Coinbase Biconomy (BICO) 0.1 Kraken Biconomy (BICO) 0.1 OKX Biconomy (BICO) 0.13 Uphold Biconomy (BICO) 0.11 BingX Biconomy (BICO) 0.1 2. Choose a Biconomy lender
Once you have BICO, you'll need to choose a Biconomy lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Biconomy (BICO) Up to 0.5% p.a. 3. Earn Biconomy
Once you've chosen a platform to earn your Biconomy, transfer your Biconomy into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Biconomy (BICO) is currently priced at USD 0.5 with a 24-hour trading volume of USD 11.24M. The market cap of Biconomy stands at USD 251.34M, with 919.69M BICO in circulation. For those looking to buy or trade Biconomy, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 251.34M
- 24-hour volume
- USD 11.24M
- Circulating supply
- 919.69M BICO