Introduction
Lending IMVU can be an excellent choice for those looking to hold VCORE while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.
Step-by-Step Guide for Italian Investors
1. Acquire IMVU (VCORE) Tokens
To lend IMVU, you must first possess it. To acquire IMVU, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Piattaforma Criptovaluta Value Bitmart IMVU (VCORE) 0,000485 APY 2. Select a IMVU Lender in Italy
Once you have VCORE, you'll need to select a IMVU lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY Kucoin IMVU (VCORE) Up to 120% APY 3. Lend Your IMVU in Italy
Once you've selected a platform to lend your IMVU, transfer your IMVU into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.
What to Consider in Italy
Lending your cryptocurrency can involve significant risks
Recent Developments
IMVU (VCORE) is currently priced at US$120 with a 24-hour trading volume of US$14.59. The market cap of IMVU stands at US$531,675, with 1,09B VCORE in circulation. For those looking to buy or trade IMVU, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- US$531,675
- 24h volume in the Italian market
- US$14.59
- Circulating supply
- 1,09B VCORE
