Where and How to Lend Nova Merged USDC (zkLink) (USDC)

Introduction

Lending Nova Merged USDC (zkLink) can be a great option for those who want to hold USDC 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 Nova Merged USDC (zkLink) (USDC) Tokens

   To be able to lend Nova Merged USDC (zkLink), you need to have it. To get Nova Merged USDC (zkLink), you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Kraken	Nova Merged USDC (zkLink) (USDC)	1
   Luno	Nova Merged USDC (zkLink) (USDC)	1
   Kucoin	Nova Merged USDC (zkLink) (USDC)	1
   Azbit	Nova Merged USDC (zkLink) (USDC)	1

   See all 4 prices

2. 2. Choose a Nova Merged USDC (zkLink) Lender

   Once you have USDC, you’ll need to choose a Nova Merged USDC (zkLink) lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Nova Merged USDC (zkLink) (USDC)	Up to 1.65 APY

3. 3. Lend Your Nova Merged USDC (zkLink)

   Once you’ve chosen a platform to lend your Nova Merged USDC (zkLink), transfer your Nova Merged USDC (zkLink) 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.