Introduction
Lending Alvey Chain can be a great option for those who want to hold WALV but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-step guide
1. Obtain Alvey Chain (WALV) Tokens
To lend Alvey Chain, you need to have it. To get Alvey Chain, you’ll need to buy it. You can pick from these popular exchanges.
2. Choose a Alvey Chain Lender
Once you have WALV, you’ll need to choose a Alvey Chain lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Bitget Alvey Chain (WALV) Up to 1% APY 3. Lend Your Alvey Chain
Once you’ve chosen a platform to lend your Alvey Chain, transfer your Alvey Chain into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly, or monthly.
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 compound 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.
Latest Movements
Alvey Chain (WALV) is presently priced at US$1 with a 24-hour trading volume of US$410 242. The market cap of Alvey Chain stands at US$639 241, with 116,77M WALV in circulation. For those interested in buying or trading Alvey Chain, Bitget offers ways to do so safely and efficiently
- Market cap
- US$639 241
- 24h trading volume
- US$410 242
- Circulating supply
- 116,77M WALV