How to Lend Request (REQ) in the cryptocurrency market

Introduction

Lending Request can be an excellent choice for individuals looking to hold REQ 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 Request (REQ) Tokens

   To lend Request, you must first possess it. To acquire Request, 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	Request (REQ)	0.13 APY
   Binance	Request (REQ)	0.13 APY
   Coinbase	Request (REQ)	0.13 APY
   BingX	Request (REQ)	0.15 APY
   Bitpanda	Request (REQ)	0.12 APY
   Bybit	Request (REQ)	0.13 APY

   View all 21 prices

2. 2. Select a Request lending platform

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

   平台	Coin	APY
   Kucoin	Request (REQ)	Up to 0.5% APY

3. 3. Lend Your Request for attractive APY returns

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