Where & how to lend Bitcoin Cash (BCH)

Introduction

Lending Bitcoin Cash can be a great option for those who want to hold BCH 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. 1. Obtain Bitcoin Cash (BCH) tokens

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

   Platform	Coin	Price
   Bitpanda	Bitcoin Cash (BCH)	$330.86
   M2	Bitcoin Cash (BCH)	$330.55
   YouHodler	Bitcoin Cash (BCH)	$330.2
   Uphold	Bitcoin Cash (BCH)	$351.15
   Wirex	Bitcoin Cash (BCH)	$331.87
   EarnPark	Bitcoin Cash (BCH)	$331.04

   See all 19 prices

2. 2. Choose a Bitcoin Cash lender

   Once you have BCH, you’ll need to choose a Bitcoin Cash lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Bitcoin Cash (BCH)	Up to 11% APY
   YouHodler	Bitcoin Cash (BCH)	Up to 11% APY
   EarnPark	Bitcoin Cash (BCH)	Up to 14% APY
   Nebeus	Bitcoin Cash (BCH)	Up to 4.5% APY

   See all 11 lending rates

3. 3. Lend your Bitcoin Cash

   Once you’ve chosen a platform to lending your Bitcoin Cash, transfer your Bitcoin Cash 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.