How to Lend Polygon (MATIC) in Russia

Introduction

Lending Polygon can be an excellent choice for those in Russia who wish to hold MATIC while generating yield. The process may seem overwhelming, particularly for first-time users. To simplify things, we've created this comprehensive guide tailored for the Russian market.

Step-by-Step Guide

1. 1. Acquire Polygon (MATIC) Tokens in Russia

   To lend Polygon in Russia, you first need to acquire it. To obtain Polygon, you will need to purchase it from one of the popular cryptocurrency exchanges available in the region.

   Платформа	Криптовалюта	Cost
   Coinbase	Polygon (MATIC)	0.24
   Kraken	Polygon (MATIC)	0.23
   Luno	Polygon (MATIC)	0.6
   BingX	Polygon (MATIC)	0.37
   Bitfinex	Polygon (MATIC)	0.22

   View all 22 rates

2. 2. Select a Polygon Lender in Russia

   Once you have MATIC, you'll need to choose a Polygon lending platform to lend your tokens in Russia. You can explore some options available in the Russian market here.

   Платформа	Криптовалюта	APY
   Nebeus	Polygon (MATIC)	Up to 13% APY in Russia
   Coinbase	Polygon (MATIC)	Up to 2.91% APY in Russia
   Gemini	Polygon (MATIC)	Up to 0.01% APY in Russia
   Kucoin	Polygon (MATIC)	Up to 5% APY in Russia

   Explore all 11 lending rates available in Russia

3. 3. Lend Your Polygon in Russia

   Once you've selected a platform to lend your Polygon, transfer your Polygon 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 may pay out weekly or monthly, catering to the preferences of Russian investors.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the more interest you can accumulate. Ensure that your lending platform offers compounding interest to maximize your returns in the Russian market.

What to Consider in Russia

Lending your cryptocurrency in Russia can involve certain risks