Introduction to the world of cryptocurrency can be both exciting and daunting
Lending Movement can be an excellent choice for those looking to hold MOVE 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 Movement (MOVE) Tokens
To lend Movement, you must first possess it. To acquire Movement, you'll need to purchase it. You can select from these well-known exchanges.
See all 34 pricesPlatform Coin Price PrimeXBT Movement (MOVE) 0,03 YouHodler Movement (MOVE) 0,03 Binance Movement (MOVE) 0,03 Coinbase Movement (MOVE) 0,2 Kraken Movement (MOVE) 0,12 Uphold Movement (MOVE) 0,15 2. Select a Movement Lender
Once you have MOVE, you'll need to select a Movement lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate YouHodler Movement (MOVE) Up to 30% APY 3. Earn Movement with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your Movement, transfer your Movement 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
Movement (MOVE) is currently priced at US$30 with a 24-hour trading volume of US$298.35M. The market cap of Movement stands at US$2B, with 2,25B MOVE in circulation. For those looking to buy or trade Movement, YouHodler offers avenues to do so securely and efficiently
- Market cap
- US$2B
- 24h volume
- US$298.35M
- Circulating supply
- 2,25B MOVE
