Where & how to lend Alvey Chain (WALV)

Introduction

Lending Alvey Chain can be a great option for those who want to hold WALV but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

1. 1. Obtain Alvey Chain (WALV) tokens

   In order to lend Alvey Chain, you need to have it. To obtain Alvey Chain, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitmart	Alvey Chain (WALV)	$0.0141
   MEXC Global	Alvey Chain (WALV)	$0.0164
   Bitget	Alvey Chain (WALV)	$0.017

2. 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. 3. Lend your Alvey Chain

   Once you’ve chosen a platform to lending 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 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 lending 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.