How to Earn Merlin Chain (MERL): A Step-by-Step Guide for Italians

Introduction

Lending Merlin Chain can be an excellent choice for those looking to hold MERL while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. Acquire Merlin Chain (MERL) Tokens

To lend Merlin Chain, you must first possess it. To acquire Merlin Chain, you'll need to buy it. You can select from these well-known exchanges available in Italy.

Piattaforma	Criptovaluta	Value
PrimeXBT	Merlin Chain (MERL)	0,26 APY
BTSE	Merlin Chain (MERL)	0,26 APY
Kraken	Merlin Chain (MERL)	0,26 APY
OKX	Merlin Chain (MERL)	0,11 APY
BingX	Merlin Chain (MERL)	0,26 APY
Bitget	Merlin Chain (MERL)	0,26 APY

Check out all 32 prices

2. Select a Merlin Chain Lender in Italy
Once you have MERL, you'll need to select a Merlin Chain lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
Bitget Merlin Chain (MERL) Up to 0,8% APY
Kucoin Merlin Chain (MERL) Up to 0,5% APY
3. Earn Merlin Chain in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Merlin Chain, transfer your Merlin Chain into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.

Piattaforma	Criptovaluta	APY
Bitget	Merlin Chain (MERL)	Up to 0,8% APY
Kucoin	Merlin Chain (MERL)	Up to 0,5% APY

What to Consider in Italy

Lending your cryptocurrency can involve significant risks

Recent Developments

Merlin Chain (MERL) is currently priced at US$0.8 with a 24-hour trading volume of US$11.1M. The market cap of Merlin Chain stands at US$110.34M, with 487,48M MERL in circulation. For those looking to buy or trade Merlin Chain, Bitget offers avenues to do so securely and efficiently}

Market capitalization: US$110.34M
24h volume in the Italian market: US$11.1M
Circulating supply: 487,48M MERL

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