Introduction
Lending Movement can be an excellent choice for those looking to hold MOVE 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 Movement (MOVE) Tokens in India
To lend Movement, you first need to possess it. To acquire Movement, you'll have to buy it. You can select from these popular Indian exchanges.
See all 34 ratesPlatform Coin Cost PrimeXBT Movement (MOVE) 0.03 YouHodler Movement (MOVE) 0.03 Binance Movement (MOVE) 0.03 Coinbase Movement (MOVE) 0.2 Kraken Movement (MOVE) 0.12 Uphold Movement (MOVE) 0.15 2. Choose a Movement Lender in India
Once you have MOVE, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY YouHodler Movement (MOVE) Up to 30% APY 3. Earn Movement in India
Once you've selected a platform to earn your Movement, transfer your Movement 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
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- Market capitalization
- $199.85Cr
- 24-hour trading volume
- $29.84Cr
- Circulating supply in the market
- 225Cr MOVE
