Introduction
Lending Moonchain can be a great option for those who want to hold mch 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 Moonchain (mch) tokens
To lend Moonchain, you need to possess it. To acquire Moonchain, you'll need to buy it. You can select from these popular exchanges.
See all 18 pricesPlatform Coin Cost Coinbase Moonchain (mch) 0.01 Kraken Moonchain (mch) 0.000823 OKX Moonchain (mch) 0 Bitget Moonchain (mch) 0 Bitmart Moonchain (mch) 0.000011 Bitpanda Moonchain (mch) 0.01 2. Choose a Moonchain lender
Once you have mch, you'll need to choose a Moonchain lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin Moonchain (mch) Up to 100% p.a. 3. Earn Moonchain
Once you've chosen a platform to earn your Moonchain, transfer your Moonchain 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
Moonchain (mch) is currently priced at USD 100 with a 24-hour trading volume of USD 583,873. The market cap of Moonchain stands at USD 22,979, with 241.6M mch in circulation. For those looking to buy or trade Moonchain, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- USD 22,979
- 24-hour volume
- USD 583,873
- Circulating supply
- 241.6M mch
