Introduction

Lending Biswap can be a great option for those who want to hold BSW 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 Guide

  1. 1. Obtain Biswap (BSW) Tokens

    In order to lend Biswap, you need to have it. To obtain Biswap, you'll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Biswap Lender

    Once you have BSW, you'll need to choose a Biswap lending platform to lend your tokens. You can see some options here.

  3. 3. Lend Your Biswap

    Once you've chosen a platform to lend your Biswap, transfer your Biswap 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. 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.

Building a crypto integration?

Access yield rates programmatically via the Bitcompare Pro API. 10,000 requests/month free.

View API

Latest Movements

Market cap
$33.39M
24h volume
$4.19M
Circulating supply
498.98M BSW
See latest information

Earn High Yields on Your Crypto with Nexo

Earn High Yields on Your Crypto with Nexo