How to Earn Moonriver (MOVR): A Comprehensive Guide for Australians

Introduction

Lending Moonriver can be a great option for those who want to hold MOVR 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 Moonriver (MOVR) tokens
To lend Moonriver, you need to possess it. To acquire Moonriver, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Moonriver (MOVR) 2.5
Kraken Moonriver (MOVR) 2.51
OKX Moonriver (MOVR) 6.45
Uphold Moonriver (MOVR) 6.57
BingX Moonriver (MOVR) 2.5
Bitget Moonriver (MOVR) 2.5
See all 60 prices
2. Choose a Moonriver lender
Once you have MOVR, you'll need to choose a Moonriver lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Moonriver (MOVR) Up to 0.5% p.a.
3. Earn Moonriver
Once you've chosen a platform to earn your Moonriver, transfer your Moonriver 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
Binance	Moonriver (MOVR)	2.5
Kraken	Moonriver (MOVR)	2.51
OKX	Moonriver (MOVR)	6.45
Uphold	Moonriver (MOVR)	6.57
BingX	Moonriver (MOVR)	2.5
Bitget	Moonriver (MOVR)	2.5

Platform	Coin	Interest rate
Kucoin	Moonriver (MOVR)	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.