Where and How to Lend Nova Merged ETH (zkLink) (ETH)

Introduction

Lending Nova Merged ETH (zkLink) can be a great option for those who want to hold ETH 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 Nova Merged ETH (zkLink) (ETH) Tokens

   In order to lend Nova Merged ETH (zkLink), you need to have it. To obtain Nova Merged ETH (zkLink), you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Nova Merged ETH (zkLink) (ETH)	3,141.29
   Coinbase	Nova Merged ETH (zkLink) (ETH)	3,140.71
   MEXC Global	Nova Merged ETH (zkLink) (ETH)	2,970.34
   Hotcoin	Nova Merged ETH (zkLink) (ETH)	3,134.97
   Bitvavo	Nova Merged ETH (zkLink) (ETH)	3,141.3
   CoinW	Nova Merged ETH (zkLink) (ETH)	3,142.67

   See all 7 prices

2. 2. Choose a Nova Merged ETH (zkLink) Lender

   Once you have ETH, you’ll need to choose a Nova Merged ETH (zkLink) lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   MEXC Global	Nova Merged ETH (zkLink) (ETH)	Up to 0 APY

3. 3. Lend Your Nova Merged ETH (zkLink)

   Once you’ve chosen a platform to lending your Nova Merged ETH (zkLink), transfer your Nova Merged ETH (zkLink) 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.