Where and How to Lend Metis (METIS)

Introduction

Lending Metis can be a great option for those who want to hold METIS 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. 1. Obtain Metis (METIS) Tokens

   To lend Metis, you need to have it. To acquire Metis, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Metis (METIS)	13.22
   Kraken	Metis (METIS)	13.26
   OKX	Metis (METIS)	17.86
   Binance	Metis (METIS)	13.24
   BTSE	Metis (METIS)	13.22
   Coinbase	Metis (METIS)	13.17

   See all 40 prices

2. 2. Choose a Metis Lender

   Once you have METIS, you’ll need to choose a Metis lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Aave	Metis (METIS)	Up to 0.02 AER
   Kucoin	Metis (METIS)	Up to 0.33 AER

   See all 4 lending rates

3. 3. Lend Your Metis

   Once you’ve chosen a platform to lend your Metis, transfer your Metis into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 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 ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure 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.