Where and How to Lend Terra Classic (Wormhole) (LUNC)

Introduction

Lending Terra Classic (Wormhole) can be a great option for those who want to hold LUNC 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. 1. Obtain Terra Classic (Wormhole) (LUNC) Tokens

   To lend Terra Classic (Wormhole), you need to have it. To get Terra Classic (Wormhole), you’ll need to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Kraken	Terra Classic (Wormhole) (LUNC)	0.00006086
   MEXC Global	Terra Classic (Wormhole) (LUNC)	0.00006064
   Kucoin	Terra Classic (Wormhole) (LUNC)	0.0000606
   CoinEx	Terra Classic (Wormhole) (LUNC)	0.00006037
   Hotcoin	Terra Classic (Wormhole) (LUNC)	0.00006047

   See all 10 prices

2. 2. Choose a Terra Classic (Wormhole) Lender

   Once you have LUNC, you’ll need to choose a Terra Classic (Wormhole) lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Terra Classic (Wormhole) (LUNC)	Up to 0.5% APY

3. 3. Lend Your Terra Classic (Wormhole)

   Once you’ve chosen a platform to lend your Terra Classic (Wormhole), transfer your Terra Classic (Wormhole) 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. 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.