Where and How to Earn Merlin Chain (MERL) in Indonesia

Introduction

Lending Merlin Chain can be an excellent choice for those in Indonesia looking to hold MERL while earning a yield. The process might seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide

1. 1. Acquire Merlin Chain (MERL) Tokens in Indonesia

   To lend Merlin Chain in Indonesia, you first need to acquire it. To obtain Merlin Chain, you will need to purchase it from one of the popular exchanges available in the region.

   Platform in Indonesia	Koin	Price in Indonesia can vary significantly based on market demand and local economic conditions
   BTSE	Merlin Chain (MERL)	0,07
   Kraken	Merlin Chain (MERL)	0,12
   OKX	Merlin Chain (MERL)	0,12
   BingX	Merlin Chain (MERL)	0,12
   Bitget	Merlin Chain (MERL)	0,12
   Bitmart	Merlin Chain (MERL)	0,12

   Check out all 29 prices available

2. 2. Select a Merlin Chain Lending Partner in Indonesia

   Once you have MERL, you'll need to select a Merlin Chain lending platform to lend your tokens. In Indonesia, there are several options available that cater to local users. You can explore some of these platforms here.

   Platform in Indonesia	Koin	APY (Annual Percentage Yield)
   Bitget	Merlin Chain (MERL)	Up to 0,8% APY in Indonesia
   Kucoin	Merlin Chain (MERL)	Up to 0,5% APY in Indonesia

3. 3. Earn Merlin Chain in Indonesia

   Once you've selected a platform to earn your Merlin Chain, transfer your Merlin Chain into your wallet on the chosen earning platform. After the deposit is made, it will begin to accrue interest. Some platforms in Indonesia offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can accumulate. Ensure that your earning platform offers compounding interest to maximize your returns in the Indonesian market.

What to Consider in Indonesia

Lending your cryptocurrency in Indonesia can come with its own set of risks