How to Earn POL (ex-MATIC) (POL): A Comprehensive Guide for the UK

Introduction

Lending POL (ex-MATIC) can be an excellent option for those who wish to hold POL 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 POL (ex-MATIC) (POL) Tokens

To lend POL (ex-MATIC), you need to possess it. To obtain POL (ex-MATIC), you'll need to purchase it. You can choose from these popular exchanges in the UK.

Platform	Coin	Price
Nexo	POL (ex-MATIC) (POL)	0.11
PrimeXBT	POL (ex-MATIC) (POL)	0.11
YouHodler	POL (ex-MATIC) (POL)	0.11
Binance	POL (ex-MATIC) (POL)	0.11
BTSE	POL (ex-MATIC) (POL)	0.11
Coinbase	POL (ex-MATIC) (POL)	0.11

View all 63 prices

2. Choose a POL (ex-MATIC) Lender in the UK
Once you have POL, you'll need to choose a POL (ex-MATIC) lending platform to lend your tokens. You can see some options here.
Platform Coin AER
Nexo POL (ex-MATIC) (POL) Up to 7% AER
YouHodler POL (ex-MATIC) (POL) Up to 16% AER
Bitget POL (ex-MATIC) (POL) Up to 4.2% AER
View all 8 loan rates
3. Earn POL (ex-MATIC)
Once you've selected a platform to earn your POL (ex-MATIC), transfer your POL (ex-MATIC) 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	AER
Nexo	POL (ex-MATIC) (POL)	Up to 7% AER
YouHodler	POL (ex-MATIC) (POL)	Up to 16% AER
Bitget	POL (ex-MATIC) (POL)	Up to 4.2% 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.