Introduction
Lending Nova Merged USDC (zkLink) can be an excellent option for those who wish to hold USDC 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 Nova Merged USDC (zkLink) (USDC) Tokens
To lend Nova Merged USDC (zkLink), you need to possess it. To obtain Nova Merged USDC (zkLink), you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a Nova Merged USDC (zkLink) Lender in the UK
Once you have USDC, you'll need to choose a Nova Merged USDC (zkLink) lending platform to lend your tokens. You can see some options here.
Platform Coin AER Kucoin Nova Merged USDC (zkLink) (USDC) Up to 3.5% AER 3. Earn Nova Merged USDC (zkLink)
Once you've selected a platform to earn your Nova Merged USDC (zkLink), transfer your Nova Merged USDC (zkLink) 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.
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.
Latest Movements in the UK
Nova Merged USDC (zkLink) (USDC) is currently priced at US$3.5 with a 24-hour trading volume of US$2,587.31. The market cap of Nova Merged USDC (zkLink) stands at US$360,244, with 359,400.5 USDC in circulation. For those looking to purchase or trade Nova Merged USDC (zkLink), Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$360,244
- 24-hour volume
- US$2,587.31
- Circulating supply
- 359,400.5 USDC