How to Lend Metis (METIS) in the cryptocurrency market

Introduction

Lending Metis can be an excellent choice for individuals looking to hold METIS 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 Metis (METIS) Tokens

   To lend Metis, you must first possess it. To acquire Metis, 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
   Binance	Metis (METIS)	9.8 APY
   BTSE	Metis (METIS)	9.83 APY
   Coinbase	Metis (METIS)	9.81 APY
   Kraken	Metis (METIS)	9.89 APY
   OKX	Metis (METIS)	17.86 APY
   Uphold	Metis (METIS)	18.62 APY

   View all 40 prices

2. 2. Select a Metis lending platform

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

   平台	Coin	APY
   Aave	Metis (METIS)	Up to 0.02% APY
   Kucoin	Metis (METIS)	Up to 0.41% APY

   View all 4 loan interest rates

3. 3. Lend Your Metis for attractive APY returns

   After selecting a platform to lend your Metis, transfer your Metis 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