Introduction
Lending StarLink can be an excellent choice for those looking to hold STARL 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. Acquire StarLink (STARL) Tokens
To lend StarLink, you must first acquire it. To obtain StarLink, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
2. Choose a StarLink Lender
Once you have STARL, you'll need to select a StarLink lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate MEXC Global StarLink (STARL) Up to 0.5% APY 3. Earn StarLink
Once you've selected a platform to earn your StarLink, transfer your StarLink 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
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.
Latest Movements
StarLink (STARL) is currently priced at US$0.5 with a 24-hour trading volume of US$428,094. The market cap of StarLink stands at US$8.84M, with 9.98T STARL in circulation. For those looking to buy or trade StarLink, MEXC Global offers avenues to do so securely and efficiently
- Market cap
- US$8.84M
- 24h volume
- US$428,094
- Circulating supply
- 9.98T STARL
