Introduction
Lending Myro can be a great option for those who want to hold $MYRO but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Myro ($MYRO) Tokens
In order to lend Myro, you need to have it. To obtain Myro, you’ll need to purchase it. You can choose from these popular exchanges.
See all 13 pricesPlatform Coin Price Bitpanda Myro ($MYRO) 0.11 Uphold Myro ($MYRO) 0.11 BTSE Myro ($MYRO) 0.11 BingX Myro ($MYRO) 0.11 Bitmart Myro ($MYRO) 0.11 MEXC Global Myro ($MYRO) 0.11 2. Choose a Myro Lender
Once you have $MYRO, you’ll need to choose a Myro lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Myro ($MYRO) Up to 0.50 APY Bitget Myro ($MYRO) Up to 1.00 APY YouHodler Myro ($MYRO) Up to 30.00 APY 3. Lend Your Myro
Once you’ve chosen a platform to lending your Myro, transfer your Myro 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. 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.
Latest Movements
Myro ($MYRO) is currently priced at $0.50 with a 24-hour trading volume of $27.20M. The market cap of Myro stands at $103.95M, with $999.98M $MYRO in circulation. For those looking to buy or trade Myro, Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $103.95M
- 24h volume
- $27.20M
- Circulating supply
- $999.98M