Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Metis can be an excellent choice for those looking to hold METIS while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.
Step-by-Step Guide 1
1. Acquire Metis (METIS) Tokens
To lend Metis, you must first possess it. To acquire Metis, you'll need to purchase it. You can select from these well-known exchanges.
See all 41 pricesPlatform Coin Price Binance Metis (METIS) 5,12 BTSE Metis (METIS) 5,13 Coinbase Metis (METIS) 5,12 Kraken Metis (METIS) 5,02 OKX Metis (METIS) 17,86 Uphold Metis (METIS) 18,62 2. Select a Metis Lender
Once you have METIS, you'll need to select a Metis lending platform to lend your tokens. You can explore some options here.
See all 4 lending ratesPlatform Coin Interest rate Aave Metis (METIS) Up to 0,02% APY Kucoin Metis (METIS) Up to 0,28% APY 3. Earn Metis with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Metis, transfer your Metis into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.
What to be Aware of
Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements
Metis (METIS) is currently priced at US$0.02 with a 24-hour trading volume of US$12.21M. The market cap of Metis stands at US$234.23M, with 6,17M METIS in circulation. For those looking to buy or trade Metis, Aave offers avenues to do so securely and efficiently}
- Market cap
- US$234.23M
- 24h volume
- US$12.21M
- Circulating supply
- 6,17M METIS
