How to Lend Numeraire (NMR) in Vietnam

Introduction

Lending Numeraire is an excellent choice for those looking to hold NMR while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Numeraire (NMR) Tokens

   To lend Numeraire, you must first own it. To acquire Numeraire, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Binance	Numeraire (NMR)	9.34
   BTSE	Numeraire (NMR)	9.34
   Coinbase	Numeraire (NMR)	9.32
   Kraken	Numeraire (NMR)	9.27
   OKX	Numeraire (NMR)	9.08
   Uphold	Numeraire (NMR)	8.2

   View all 47 prices

2. 2. Select a Numeraire Lender

   Once you have NMR, you'll need to select a Numeraire lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Kucoin	Numeraire (NMR)	Earn up to 0.5% APY

3. 3. Lend Your Numeraire

   After selecting a platform to lend your Numeraire, transfer your Numeraire into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.