How to Lend Monky ($MONKY) in the cryptocurrency market

Introduction

Lending Monky can be an excellent choice for individuals looking to hold $MONKY 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 Monky ($MONKY) Tokens

   To lend Monky, you must first possess it. To acquire Monky, 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
   Uphold	Monky ($MONKY)	0.00000111 APY
   BingX	Monky ($MONKY)	0 APY
   Bitmart	Monky ($MONKY)	0 APY
   CoinEx	Monky ($MONKY)	0 APY
   Gate.io	Monky ($MONKY)	0 APY
   Kucoin	Monky ($MONKY)	0 APY

   View all 14 prices

2. 2. Select a Monky lending platform

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

   平台	Coin	APY
   Kucoin	Monky ($MONKY)	Up to 0.02% APY

3. 3. Lend Your Monky for attractive APY returns

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