Where and How to Earn Polygon (MATIC)

简介

Lending Polygon for those who want to hold MATIC, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Polygon (MATIC) Tokens

   To lend Polygon, you need to already own it. To get Polygon, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   Kraken	Polygon (MATIC)	0.26
   Coinbase	Polygon (MATIC)	0.26
   Luno	Polygon (MATIC)	0.6
   Blockchain.com	Polygon (MATIC)	1

   See all 22 prices

2. 2. Choose a Polygon Lender

   Once you have MATIC, you'll need to choose a Polygon lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nebeus	Polygon (MATIC)	Up to 13% APY
   Kucoin	Polygon (MATIC)	Up to 5% APY
   Wirex	Polygon (MATIC)	Up to 4.5% APY
   Coinbase	Polygon (MATIC)	Up to 2.91% APY

   See all 11 lending rates

3. 3. Earn Polygon

   After selecting a platform for earning your Polygon, transfer your Polygon to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.