Introduction
Lending Moonriver can be a great option for those who want to hold MOVR but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Moonriver (MOVR) Tokens
To lend Moonriver, you need to possess it. To acquire Moonriver, you’ll need to buy it. You can select from these popular exchanges.
See all 60 pricesPlatform Coin Price Uphold Moonriver (MOVR) 7.36 Kraken Moonriver (MOVR) 7.41 OKX Moonriver (MOVR) 6.45 Binance Moonriver (MOVR) 7.36 MEXC Global Moonriver (MOVR) 7.36 Bitget Moonriver (MOVR) 7.35 2. Choose a Moonriver Lender
Once you have MOVR, you'll need to choose a Moonriver lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Moonriver (MOVR) Up to 0.5% AER 3. Earn Moonriver
Once you've selected a platform to earn your Moonriver, transfer your Moonriver into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Moonriver (MOVR) is currently priced at US$0.5 with a 24-hour trading volume of US$5.76M. The market cap of Moonriver stands at US$106.87M, with 9.37M MOVR in circulation. For those looking to purchase or trade Moonriver, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$106.87M
- 24-hour volume
- US$5.76M
- Circulating supply
- 9.37M MOVR