How to Earn Metal DAO (MTL): A Comprehensive Guide for Australians

Introduction

Lending Metal DAO can be a great option for those who want to hold MTL 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 Metal DAO (MTL) tokens
To lend Metal DAO, you need to possess it. To acquire Metal DAO, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT Metal DAO (MTL) 0.39
Binance Metal DAO (MTL) 0.39
Coinbase Metal DAO (MTL) 1.46
Uphold Metal DAO (MTL) 0.77
BingX Metal DAO (MTL) 0.39
Bitget Metal DAO (MTL) 0.39
See all 25 prices
2. Choose a Metal DAO lender
Once you have MTL, you'll need to choose a Metal DAO lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Metal DAO (MTL) Up to 0.5% p.a.
3. Earn Metal DAO
Once you've chosen a platform to earn your Metal DAO, transfer your Metal DAO 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.

Platform	Coin	Cost
PrimeXBT	Metal DAO (MTL)	0.39
Binance	Metal DAO (MTL)	0.39
Coinbase	Metal DAO (MTL)	1.46
Uphold	Metal DAO (MTL)	0.77
BingX	Metal DAO (MTL)	0.39
Bitget	Metal DAO (MTL)	0.39

Platform	Coin	Interest rate
Kucoin	Metal DAO (MTL)	Up to 0.5% p.a.

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.