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Introduction

Lending POL (ex-MATIC) is an excellent choice for those looking to hold POL while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire POL (ex-MATIC) (POL) Tokens

   To lend POL (ex-MATIC), you must first possess it. To acquire POL (ex-MATIC), you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	POL (ex-MATIC) (POL)	0.11
   PrimeXBT	POL (ex-MATIC) (POL)	0.11
   YouHodler	POL (ex-MATIC) (POL)	0.11
   Binance	POL (ex-MATIC) (POL)	0.11
   BTSE	POL (ex-MATIC) (POL)	0.11
   Coinbase	POL (ex-MATIC) (POL)	0.11

   View all 63 prices

2. 2. Select a POL (ex-MATIC) Lender

   Once you have POL, you'll need to select a POL (ex-MATIC) lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Nexo	POL (ex-MATIC) (POL)	Earn up to 7% APY
   YouHodler	POL (ex-MATIC) (POL)	Earn up to 16% APY
   Bitget	POL (ex-MATIC) (POL)	Earn up to 4.2% APY

   View all 8 loan rates

3. 3. Earn POL (ex-MATIC)

   After selecting a platform to earn your POL (ex-MATIC), transfer your POL (ex-MATIC) to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.