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

Introduction

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

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

   Platform	Coin	Price
   Nexo	Nova Merged USDT (zkLink) (USDT)	1
   Coinbase	Nova Merged USDT (zkLink) (USDT)	1
   MEXC Global	Nova Merged USDT (zkLink) (USDT)	0.96

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

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

   Platform	Coin	Interest rate
   MEXC Global	Nova Merged USDT (zkLink) (USDT)	Up to 5 APY

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

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