Introduction
Lending Moonriver can be an excellent choice for those looking to hold MOVR while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.
Step-by-Step Guide for Indian Investors
1. Acquire Moonriver (MOVR) Tokens in India
To lend Moonriver, you first need to possess it. To acquire Moonriver, you'll have to buy it. You can select from these popular Indian exchanges.
See all 60 ratesPlatform Coin Cost Binance Moonriver (MOVR) 7.18 Kraken Moonriver (MOVR) 7.18 OKX Moonriver (MOVR) 6.45 Uphold Moonriver (MOVR) 6.57 BingX Moonriver (MOVR) 7.17 Bitget Moonriver (MOVR) 7.18 2. Choose a Moonriver Lender in India
Once you have MOVR, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY Kucoin Moonriver (MOVR) Up to 0.5% APY 3. Earn Moonriver in India
Once you've selected a platform to earn your Moonriver, transfer your Moonriver into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.
What to Keep in Mind
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Trends in India
Moonriver (MOVR) is currently priced at $0.5 with a 24-hour trading volume of $57.59L. The market cap of Moonriver stands at $10.69Cr, with 93.68L MOVR in circulation. For those looking to buy or trade Moonriver, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- $10.69Cr
- 24-hour trading volume
- $57.59L
- Circulating supply in the market
- 93.68L MOVR