At BLOX, activating lending is easier than ever before! You can easily activate lending for your favourite currency via both the BLOX app and the web version.
Make sure you are logged into your BLOX account and that your identity details are already verified. Once this is in order, you are ready to activate lending!
Follow these steps in the app to get started:
Open your BLOX account and go to the 'Earn' tab.
- Go through the lending information on our website carefully.
- Select the coin for which you want to enable lending (lending can only be done with coins you have in your vault).
- You need to enable Lending separately for each crypto-currency. If you want to lend both Bitcoin and Ethereum, make sure you activate Lending for each coin.
- Read the 'Be aware of the risks involved' pop-up window carefully and then click 'Activate Lending'.
- Close the window and specify whether you want to receive notifications.
If you activate Lending for a specific coin then all the coins you have of it in your vault will be lent out. Are you buying additional coins? Then these are automatically added and earn instant returns.
Congratulations! You've successfully activated lending. 🎉