Where and How to Earn Nimiq (NIM)

Introduction

Lending Nimiq can be an excellent choice for individuals looking to hold NIM 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 Nimiq (NIM) Tokens

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

   Platform	Coin	Price
   CoinEx	Nimiq (NIM)	0.0006987 APY
   Gate.io	Nimiq (NIM)	0.0006987 APY
   HTX	Nimiq (NIM)	0 APY
   MEXC Global	Nimiq (NIM)	0.0007 APY

   View all 8 prices

2. 2. Select a Nimiq lending platform

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

   Platform	Coin	APY
   Kucoin	Nimiq (NIM)	Up to 16% APY

3. 3. Earn Nimiq

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