Where & how to lend Multibit (MUBI)

Introduction

Lending Multibit can be a great option for those who want to hold MUBI 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 Multibit (MUBI) tokens

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

   Platform	Coin	Price
   BTSE	Multibit (MUBI)	$0.0224
   Bitmart	Multibit (MUBI)	$0.0217
   BingX	Multibit (MUBI)	$0.0228
   MEXC Global	Multibit (MUBI)	$0.0226
   Kucoin	Multibit (MUBI)	$0.0228
   Bitget	Multibit (MUBI)	$0.0228

   See all 6 prices

2. 2. Choose a Multibit lender

   Once you have MUBI, you’ll need to choose a Multibit lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Multibit (MUBI)	Up to 0.3333% APY

3. 3. Lend your Multibit

   Once you’ve chosen a platform to lending your Multibit, transfer your Multibit 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.