How to Earn MultiversX (EGLD): A Comprehensive Guide for the UK

Introduction

Lending MultiversX can be an excellent option for those who wish to hold EGLD while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain MultiversX (EGLD) Tokens
To lend MultiversX, you need to possess it. To obtain MultiversX, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
PrimeXBT MultiversX (EGLD) 6.19
YouHodler MultiversX (EGLD) 6.2
Binance MultiversX (EGLD) 6.2
BTSE MultiversX (EGLD) 6.2
Coinbase MultiversX (EGLD) 6.18
Kraken MultiversX (EGLD) 6.2
View all 53 prices
2. Choose a MultiversX Lender in the UK
Once you have EGLD, you'll need to choose a MultiversX lending platform to lend your tokens. You can see some options here.
Platform Coin AER
YouHodler MultiversX (EGLD) Up to 16% AER
Bitget MultiversX (EGLD) Up to 0.3% AER
Kucoin MultiversX (EGLD) Up to 6% AER
View all 5 loan rates
3. Earn MultiversX
Once you've selected a platform to earn your MultiversX, transfer your MultiversX into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Price
PrimeXBT	MultiversX (EGLD)	6.19
YouHodler	MultiversX (EGLD)	6.2
Binance	MultiversX (EGLD)	6.2
BTSE	MultiversX (EGLD)	6.2
Coinbase	MultiversX (EGLD)	6.18
Kraken	MultiversX (EGLD)	6.2

Platform	Coin	AER
YouHodler	MultiversX (EGLD)	Up to 16% AER
Bitget	MultiversX (EGLD)	Up to 0.3% AER
Kucoin	MultiversX (EGLD)	Up to 6% AER

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.