At BLOX, you retain all the freedom to choose which coin you want to lend. In fact, you can turn lending on or off per coin. You have to enable Lending separately for each crypto-currency. So, if you want to lend both Bitcoin and Ethereum, make sure you activate Lending for each coin!
Follow these steps in the BLOX 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 activate lending. Remember: you can only activate lending for coins you have in your vault!
- 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.
Once the crypto currency is successfully activated, new purchases are automatically lent out and the returns you earn will also be put back to work!