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Lending Multichain can be an excellent choice for those looking to hold MULTI while generating APY. The process may seem a bit overwhelming, particularly if it's your first time navigating it. That's why we've created this guide to assist you.
To lend Multichain, you first need to possess it. To acquire Multichain, you'll have to buy it. You can select from these well-known exchanges available in South Korea.
| 플랫폼 | 코인 | Price |
|---|---|---|
| Binance | Multichain (MULTI) | 0.83 APY |
| Kraken | Multichain (MULTI) | 0.31 APY |
| BingX | Multichain (MULTI) | 2.24 APY |
| Gate.io | Multichain (MULTI) | 0.32 APY |
| MEXC Global | Multichain (MULTI) | 0.08 APY |
Once you have MULTI, you'll need to select a Multichain lending platform to lend your tokens. You can explore various options available in the South Korean market here.
Once you've selected a platform to lend your Multichain, transfer your Multichain into your wallet on the lending platform. After the deposit is made, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide them weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Be sure to choose a lending platform that offers compounding interest to maximize your earnings.
Lending your cryptocurrency can involve significant risks