Introduction
Lending Alvara Protocol can be a great option for those who want to hold ALVA while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Alvara Protocol (ALVA) tokens
To lend Alvara Protocol, you need to possess it. To acquire Alvara Protocol, you'll need to buy it. You can select from these popular exchanges.
See all 5 pricesPlatform Coin Cost Bitget Alvara Protocol (ALVA) 0.09 MEXC Global Alvara Protocol (ALVA) 0.03 SwissBorg Alvara Protocol (ALVA) 0.11 2. Choose a Alvara Protocol lender
Once you have ALVA, you'll need to choose a Alvara Protocol lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget Alvara Protocol (ALVA) Up to 1% p.a. 3. Earn Alvara Protocol
Once you've chosen a platform to earn your Alvara Protocol, transfer your Alvara Protocol into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
- Market capitalisation
- USDĀ 11.72M
- 24-hour volume
- USDĀ 310,436
- Circulating supply
- 46.16M ALVA
