Where and How to Earn Moonriver (MOVR)

Introduction

Lending Moonriver can be a great option for those who want to hold MOVR but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Moonriver (MOVR) Tokens

   To lend Moonriver, you need to have it. To get Moonriver, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Uphold	Moonriver (MOVR)	6.57
   Kraken	Moonriver (MOVR)	5.39
   OKX	Moonriver (MOVR)	6.45
   Binance	Moonriver (MOVR)	5.38
   MEXC Global	Moonriver (MOVR)	5.38
   Bitget	Moonriver (MOVR)	5.38

   See all 60 prices

2. 2. Choose a Moonriver Lender

   Once you have MOVR, you'll need to choose a Moonriver lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Moonriver (MOVR)	Up to 0.5% APY

3. 3. Earn Moonriver

   Once you've chosen a platform to earn your Moonriver, transfer your Moonriver into your wallet on the earning 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 earning 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.