Introduction

Lending Nym can be an excellent choice for individuals looking to hold NYM 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 Nym (NYM) Tokens

   To lend Nym, you must first possess it. To acquire Nym, 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
   Kraken	Nym (NYM)	0.05 APY
   BingX	Nym (NYM)	0.12 APY
   Bitfinex	Nym (NYM)	0.05 APY
   Bitget	Nym (NYM)	0.05 APY
   Bitmart	Nym (NYM)	0.05 APY
   CoinEx	Nym (NYM)	0.05 APY

   View all 21 prices

2. 2. Select a Nym lending platform

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

3. 3. Lend Your Nym for attractive APY returns

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