Where and How to Earn Sky (SKY)

Introduction

Lending Sky can be an excellent choice for individuals looking to hold SKY 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 Sky (SKY) Tokens

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

   Platform	Coin	Price
   Nexo	Sky (SKY)	0.07 APY
   PrimeXBT	Sky (SKY)	0.07 APY
   YouHodler	Sky (SKY)	0.07 APY
   Binance	Sky (SKY)	0.07 APY
   Coinbase	Sky (SKY)	0.07 APY
   Kraken	Sky (SKY)	0.07 APY

   View all 24 prices

2. 2. Select a Sky lending platform

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

   Platform	Coin	APY
   YouHodler	Sky (SKY)	Up to 12% APY
   Compound	Sky (SKY)	Up to 1.98% APY

3. 3. Earn Sky

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