Where and How to Earn iExec RLC (RLC)

Introduction

Lending iExec RLC can be an excellent choice for those looking to hold RLC while generating returns. The process may seem overwhelming, particularly for first-time users. That’s why we’ve created this guide specifically for you.

Step-by-Step Guide for UAE Residents

1. 1. Acquire iExec RLC (RLC) Tokens

   To lend iExec RLC, you must first acquire it. To obtain iExec RLC, you will need to purchase it. You can select from these well-known exchanges available in the UAE.

   Platform	Cryptocurrency	Price
   Binance	iExec RLC (RLC)	0.65
   Coinbase	iExec RLC (RLC)	0.65
   Kraken	iExec RLC (RLC)	0.65
   BingX	iExec RLC (RLC)	2.07
   Bitget	iExec RLC (RLC)	0.65
   Bitmart	iExec RLC (RLC)	0.84

   View all 32 prices

2. 2. Select a iExec RLC provider in the UAE

   Once you have RLC, you'll need to select a iExec RLC lending platform to lend your tokens. You can explore some options available in the UAE market here.

   Platform	Cryptocurrency	APY
   Kucoin	iExec RLC (RLC)	Up to 0.5% APY

3. 3. Earn iExec RLC

   Once you've selected a platform to earn your iExec RLC, transfer your iExec RLC into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer daily interest payments, while others may pay out weekly or monthly.

4. 4. Earn APY on Your Investments

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Ensure that your earning platform offers compounding interest to maximize your returns.

What to Consider in the UAE Market

Lending your cryptocurrency can carry certain risks. It’s essential to conduct thorough research before depositing your cryptocurrency. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.