How to Lend Rally (RLY) in Vietnam

Introduction

Lending Rally is an excellent choice for those looking to hold RLY 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 Rally (RLY) Tokens

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

   Platform	Coin	Cost
   Coinbase	Rally (RLY)	0
   BingX	Rally (RLY)	0
   Bitfinex	Rally (RLY)	0
   Bitstamp	Rally (RLY)	0
   Gate.io	Rally (RLY)	0.0008995

   View all 11 prices

2. 2. Select a Rally Lender

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

   Platform	Coin	Interest rate
   Gemini	Rally (RLY)	Earn up to 0.01% APY

3. 3. Lend Your Rally

   After selecting a platform to lend your Rally, transfer your Rally 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.