How to Earn Virtuals Protocol (VIRTUAL): A Comprehensive Guide for Australians

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. 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. 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. 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. 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	Interest rate
Kucoin	Virtuals Protocol (VIRTUAL)	Up to 4% 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.