Introduction
Lending Nova Merged USDC (zkLink) can be a great option for those who want to hold USDC 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 Nova Merged USDC (zkLink) (USDC) Tokens
In order to lend Nova Merged USDC (zkLink), you need to have it. To obtain Nova Merged USDC (zkLink), you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Nova Merged USDC (zkLink) Lender
Once you have USDC, you’ll need to choose a Nova Merged USDC (zkLink) lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Nova Merged USDC (zkLink) (USDC) Up to 2.02 APY 3. Lend Your Nova Merged USDC (zkLink)
Once you’ve chosen a platform to lending your Nova Merged USDC (zkLink), transfer your Nova Merged USDC (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. 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
Nova Merged USDC (zkLink) (USDC) is currently priced at $2.02 with a 24-hour trading volume of $5.88K. The market cap of Nova Merged USDC (zkLink) stands at $622.03K, with $623.50K USDC in circulation. For those looking to buy or trade Nova Merged USDC (zkLink), Kucoin offers avenues to do so securely and efficiently}
- Market cap
- $622.03K
- 24h volume
- $5.88K
- Circulating supply
- $623.50K
