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Introduction

Lending Myro can be an excellent choice for those looking to hold $MYRO while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. 1. Acquire Myro ($MYRO) Tokens

   To lend Myro, you must first acquire it. To obtain Myro, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.

   Platform	Coin	Price
   YouHodler	Myro ($MYRO)	0.01
   BTSE	Myro ($MYRO)	0.01
   Uphold	Myro ($MYRO)	0.02
   BingX	Myro ($MYRO)	0.01
   Bitget	Myro ($MYRO)	0
   Bitmart	Myro ($MYRO)	0.02

   See all 35 prices

2. 2. Choose a Myro Lender

   Once you have $MYRO, you'll need to select a Myro lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	Interest rate
   YouHodler	Myro ($MYRO)	Up to 30% APY
   Bitget	Myro ($MYRO)	Up to 1% APY
   Kucoin	Myro ($MYRO)	Up to 0.5% APY

   See all 5 lending rates

3. 3. Earn Myro

   Once you've selected a platform to earn your Myro, transfer your Myro 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. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.

What to be Aware of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.