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Introduction

Lending MultiversX can be an excellent choice for those in Indonesia looking to hold EGLD 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 MultiversX (EGLD) Tokens in Indonesia

   To lend MultiversX in Indonesia, you first need to acquire it. To obtain MultiversX, 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
   PrimeXBT	MultiversX (EGLD)	6,14
   YouHodler	MultiversX (EGLD)	6,15
   Binance	MultiversX (EGLD)	6,16
   BTSE	MultiversX (EGLD)	6,14
   Coinbase	MultiversX (EGLD)	6,16
   Kraken	MultiversX (EGLD)	6,14

   Check out all 53 prices available

2. 2. Select a MultiversX Lending Partner in Indonesia

   Once you have EGLD, you'll need to select a MultiversX 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)
   YouHodler	MultiversX (EGLD)	Up to 16% APY in Indonesia
   Bitget	MultiversX (EGLD)	Up to 0,3% APY in Indonesia
   Kucoin	MultiversX (EGLD)	Up to 6% APY in Indonesia

   Explore all 5 lending rates available in Indonesia

3. 3. Earn MultiversX in Indonesia

   Once you've selected a platform to earn your MultiversX, transfer your MultiversX 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