Introduction
Lending Multibit can be a great option for those who want to hold MUBI but earn yield. The steps can be 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. Acquire Multibit (MUBI) Tokens
To lend Multibit, you'll need to have it. To get Multibit, you'll need to buy it. You can choose from these popular exchanges.
See all 21 pricesPlatform Coin Price BTSE Multibit (MUBI) 0.01 MEXC Global Multibit (MUBI) 0.01 Bitget Multibit (MUBI) 0.01 Kucoin Multibit (MUBI) 0.01 Bitmart Multibit (MUBI) 0.01 Gate.io Multibit (MUBI) 0.01 2. Choose a Multibit Lender
Once you have MUBI, you'll need to choose a Multibit lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Multibit (MUBI) Up to 0.02% APY 3. Earn Multibit
Once you've chosen a platform for earning your Multibit, transfer your Multibit into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Multibit (MUBI) is currently priced at USD 0.02 with a 24-hour trading volume of USD 3.91M. The market cap of Multibit stands at USD 20M, with 950M MUBI in circulation. For those looking to buy or trade Multibit, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 20M
- 24h volume
- USD 3.91M
- Circulating supply
- 950M MUBI