Where and How to Lend Myro ($MYRO)

Introduction

Lending Myro can be a great option for those who want to hold $MYRO but earn yield. The steps can be a little 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. Acquire Myro ($MYRO) Tokens

   To be able to lend Myro, you need to have it. To get Myro, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Uphold	Myro ($MYRO)	0.01
   YouHodler	Myro ($MYRO)	0.01
   BTSE	Myro ($MYRO)	0.01
   Bitget	Myro ($MYRO)	0.01
   MEXC Global	Myro ($MYRO)	0.01
   Kucoin	Myro ($MYRO)	0.01

   See all 35 prices

2. 2. Choose a Myro Lender

   Once you have $MYRO, you’ll need to choose a Myro lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Myro ($MYRO)	Up to 30 APY
   Bitget	Myro ($MYRO)	Up to 1 APY
   Kucoin	Myro ($MYRO)	Up to 0.5 APY

   See all 5 borrowing rates

3. 3. Lend Your Myro

   Once you’ve chosen a platform to lend your Myro, transfer your Myro into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending 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.