Earn Bitcoin on Venus Protocol Using Trust Wallet | Trust Wallet
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How to Earn Interest on Bitcoin Using Venus
Earning Bitcoin on Venus is surprisingly easy if you have a basic understanding of how DeFi apps work. And even if you don’t, you can simply follow these steps:
- Download Trust Wallet (available for Android and iOS).
- Swap BNB (BEP20) tokens into BTCB (BEP20) in the Trust Wallet app.
- Open the DApp Browser and access Venus in the DeFi section.
- Click on the Dashboard and connect your Binance Smart Chain wallet.
- Choose the BTCB Supply Market and approve BTCB as collateral (by signing the smart contract transaction using Trust Wallet).
- Enable BTCB Supply by signing the transaction.
- Deposit the amount of BTCB you would like to place in the lending pool and confirm the transaction.
- Start earning interest (in BTCB) and liquidity mining rewards (in XVS) almost immediately.
And that’s it!
Earning BTCB by providing liquidity to a DeFi lending pool on Venus Protocol is that simple.
And that’s it! Earning BTCB by providing liquidity to a DeFi lending pool on Venus Protocol is that simple. Download Trust Wallet today to start earning BTCB on Venus Protocol. Download Now