Where and How to Earn Merlin Chain (MERL)

Introduction

Lending Merlin Chain can be an excellent choice for individuals looking to hold MERL while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Merlin Chain (MERL) Tokens

   To lend Merlin Chain, you must first possess it. To acquire Merlin Chain, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   Platform	Coin	Price
   PrimeXBT	Merlin Chain (MERL)	0.43 APY
   BTSE	Merlin Chain (MERL)	0.43 APY
   Kraken	Merlin Chain (MERL)	0.43 APY
   OKX	Merlin Chain (MERL)	0.11 APY
   BingX	Merlin Chain (MERL)	0.43 APY
   Bitget	Merlin Chain (MERL)	0.43 APY

   View all 32 prices

2. 2. Select a Merlin Chain lending platform

   Once you have MERL, you'll need to select a Merlin Chain lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   Bitget	Merlin Chain (MERL)	Up to 0.8% APY
   Kucoin	Merlin Chain (MERL)	Up to 0.5% APY

3. 3. Earn Merlin Chain

   Once you've selected a platform to earn your Merlin Chain, transfer your Merlin Chain into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks