Where and How to Lend Magnificent 7777 (MAGIC)

Introduction

Lending Magnificent 7777 can be a great option for those who want to hold MAGIC but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Magnificent 7777 (MAGIC) Tokens

   In order to lend Magnificent 7777, you need to have it. To obtain Magnificent 7777, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Magnificent 7777 (MAGIC)	0.51
   Uphold	Magnificent 7777 (MAGIC)	0.53
   OKX	Magnificent 7777 (MAGIC)	0.5
   Binance	Magnificent 7777 (MAGIC)	0.53
   Kucoin	Magnificent 7777 (MAGIC)	0.5
   Bybit	Magnificent 7777 (MAGIC)	0.53

   See all 13 prices

2. 2. Choose a Magnificent 7777 Lender

   Once you have MAGIC, you’ll need to choose a Magnificent 7777 lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Magnificent 7777 (MAGIC)	Up to 0.5 APY

3. 3. Lend Your Magnificent 7777

   Once you’ve chosen a platform to lending your Magnificent 7777, transfer your Magnificent 7777 into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.