How to Lend iExec RLC (RLC) in the cryptocurrency market

Introduction

Lending iExec RLC can be an excellent choice for individuals looking to hold RLC 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 iExec RLC (RLC) Tokens

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

   Platform	Coin	Price
   Binance	iExec RLC (RLC)	0.64 APY
   Coinbase	iExec RLC (RLC)	0.64 APY
   Kraken	iExec RLC (RLC)	0.63 APY
   BingX	iExec RLC (RLC)	2.07 APY
   Bitget	iExec RLC (RLC)	0.64 APY
   Bitmart	iExec RLC (RLC)	0.84 APY

   View all 32 prices

2. 2. Select a iExec RLC lending platform

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

   Platform	Coin	APY
   Kucoin	iExec RLC (RLC)	Up to 0.5% APY

3. 3. Lend Your iExec RLC for attractive APY returns

   After selecting a platform to lend your iExec RLC, transfer your iExec RLC into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

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 higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks