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Introduction

Lending MobileCoin can be an excellent choice for those looking to hold MOB while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

  1. 1. Acquire MobileCoin (MOB) Tokens

    To lend MobileCoin, you first need to possess it. To acquire MobileCoin, you'll have to buy it. You can select from these popular exchanges available in Spain.

  2. 2. Select a MobileCoin Lender

    Once you have MOB, you'll need to select a MobileCoin lending platform to lend your tokens. You can explore some options here.

  3. 3. Lend Your MobileCoin

    Once you've selected a platform to lend your MobileCoin, transfer your MobileCoin into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

  4. 4. Generate Earnings

    Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky

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