Where and How to Lend MVL (MVL)

Introduction

Lending MVL can be a great option for those who wish to hold MVL but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire MVL (MVL) Tokens

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

   Platform	Coin	Price
   MEXC Global	MVL (MVL)	0
   Bitget	MVL (MVL)	0
   Gate.io	MVL (MVL)	0
   Bybit	MVL (MVL)	0
   HTX	MVL (MVL)	0
   Probit	MVL (MVL)	0

   See all 12 prices

2. 2. Select a MVL Lender

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

   Platform	Coin	Interest rate
   Bitget	MVL (MVL)	Up to 1% APY

3. 3. Lend Your MVL

   After you have selected a platform for lending your MVL, transfer your MVL into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.