Introduction
Lending Metal DAO can be an excellent choice for individuals looking to hold MTL 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. Acquire Metal DAO (MTL) Tokens
To lend Metal DAO, you must first possess it. To acquire Metal DAO, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
View all 25 pricesPlatform Coin Price PrimeXBT Metal DAO (MTL) 0.35 APY Binance Metal DAO (MTL) 0.35 APY Coinbase Metal DAO (MTL) 1.46 APY Uphold Metal DAO (MTL) 0.77 APY BingX Metal DAO (MTL) 0.35 APY Bitget Metal DAO (MTL) 0.35 APY 2. Select a Metal DAO lending platform
Once you have MTL, you'll need to select a Metal DAO lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY Kucoin Metal DAO (MTL) Up to 0.5% APY 3. Earn Metal DAO
Once you've selected a platform to earn your Metal DAO, transfer your Metal DAO 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. 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
Recent Developments
missing en-cn translation: common.latest-movements-copy
- Market capitalization
- $117.89M
- missing en-cn translation: common.volume-24h
- $77.19M
- Circulating supply in the market
- 83.17M MTL
