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Introduction

Lending Virtuals Protocol can be a great option for those who want to hold VIRTUAL 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. 1. Obtain Virtuals Protocol (VIRTUAL) tokens

   To lend Virtuals Protocol, you need to possess it. To acquire Virtuals Protocol, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   PrimeXBT	Virtuals Protocol (VIRTUAL)	0.69
   Binance	Virtuals Protocol (VIRTUAL)	0.69
   BTSE	Virtuals Protocol (VIRTUAL)	0.69
   Kraken	Virtuals Protocol (VIRTUAL)	0.69
   OKX	Virtuals Protocol (VIRTUAL)	0.69
   Uphold	Virtuals Protocol (VIRTUAL)	1.95

   See all 42 prices

2. 2. Choose a Virtuals Protocol lender

   Once you have VIRTUAL, you'll need to choose a Virtuals Protocol lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Virtuals Protocol (VIRTUAL)	Up to 4% p.a.

3. 3. Earn Virtuals Protocol

   Once you've chosen a platform to earn your Virtuals Protocol, transfer your Virtuals 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. 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.