Question 1

How to Stake Biconomy Exchange Token (BIT)?

Question 2

If I can’t stake Biconomy Exchange Token (BIT), can I still earn an interest on my holdings?

Question 3

What is the difference between BIT lending and BIT staking?

Question 4

What is the 24h Trading Volume of Biconomy Exchange Token (BIT)?

Question 5

How has the price of BIT changed over the past 24h?

Accepted Answer

To our knowledge, BIT cannot be staked since we do not currently recognize Biconomy Exchange Token as a proof-of–stake network. If you feel this is wrong, please request to get BIT asset listed on stakingrewards.com.

Accepted Answer

You still may be able to earn an interest by lending your BIT holdings. Typically, you can earn around 5% APR through lending.

Accepted Answer

Staking BIT and lending BIT are both ways to earn a yield on your holdings. They are often confused as the same thing, even though they are very different. When you stake a PoS asset you are directly contributing to the security of the network, in exchange you are rewarded with the network’s native token. When you lend Biconomy Exchange Token (BIT), you are essentially giving a loan of your crypto assets in return for an interest on the amount you lend.

Accepted Answer

Over the past 24 hours, Biconomy Exchange Token (BIT) has seen a trading volume of across all available exchanges.

Accepted Answer

The price of Biconomy Exchange Token (BIT) is currently , which represents a - decrease over the past 24 hours.

Biconomy Exchange Token Staking

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