Where and How to Earn Terra (LUNA)

Introduction

Lending Terra can be an excellent choice for individuals looking to hold LUNA 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 Terra (LUNA) Tokens

   To lend Terra, you must first possess it. To acquire Terra, 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
   YouHodler	Terra (LUNA)	0.1 APY
   Binance	Terra (LUNA)	0.1 APY
   BTSE	Terra (LUNA)	0.1 APY
   Kraken	Terra (LUNA)	0.1 APY
   OKX	Terra (LUNA)	0.15 APY
   BingX	Terra (LUNA)	0.1 APY

   View all 39 prices

2. 2. Select a Terra lending platform

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

   平台	Coin	APY
   Bitget	Terra (LUNA)	Up to 6.5% APY
   Gemini	Terra (LUNA)	Up to 0.01% APY
   Kucoin	Terra (LUNA)	Up to 5% APY

   View all 5 loan interest rates

3. 3. Earn Terra

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