Introduction

Lending Multichain can be an excellent choice for those looking to hold MULTI 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 Multichain (MULTI) Tokens

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

   Plataforma	Cripto	Price
   Binance	Multichain (MULTI)	0,83 APY
   Kraken	Multichain (MULTI)	0,31 APY
   BingX	Multichain (MULTI)	2,24 APY
   Gate.io	Multichain (MULTI)	0,32 APY
   MEXC Global	Multichain (MULTI)	0,08 APY

   Consulta todos los 9 precios

2. 2. Select a Multichain Lender

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

3. 3. Lend Your Multichain

   Once you've selected a platform to lend your Multichain, transfer your Multichain 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