Introduction

Lending Smell can be an excellent choice for individuals looking to hold SML 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 Smell (SML) Tokens

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

   平台	Coin	Price
   Bitget	Smell (SML)	0.000298 APY
   MEXC Global	Smell (SML)	0.0002184 APY

   View all 4 prices

2. 2. Select a Smell lending platform

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

   平台	Coin	APY
   Bitget	Smell (SML)	Up to 1% APY

3. 3. Earn Smell

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