Where and How to Earn MultiversX (EGLD)

Introduction

Lending MultiversX can be an excellent choice for individuals looking to hold EGLD 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 MultiversX (EGLD) Tokens

   To lend MultiversX, you must first possess it. To acquire MultiversX, 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	MultiversX (EGLD)	6.14 APY
   YouHodler	MultiversX (EGLD)	6.15 APY
   Binance	MultiversX (EGLD)	6.16 APY
   BTSE	MultiversX (EGLD)	6.14 APY
   Coinbase	MultiversX (EGLD)	6.16 APY
   Kraken	MultiversX (EGLD)	6.14 APY

   View all 53 prices

2. 2. Select a MultiversX lending platform

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

   Platform	Coin	APY
   YouHodler	MultiversX (EGLD)	Up to 16% APY
   Bitget	MultiversX (EGLD)	Up to 0.3% APY
   Kucoin	MultiversX (EGLD)	Up to 6% APY

   View all 5 loan interest rates

3. 3. Earn MultiversX

   Once you've selected a platform to earn your MultiversX, transfer your MultiversX 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