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. 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) $0.018 MEXC Global Alvey Chain (WALV) $0.0174 Bitget Alvey Chain (WALV) $0.0172 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 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. 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.
Latest movements
Alvey Chain (WALV) is currently priced at $0.0172 with a 24-hour trading volume of $865.82K. In the last 24 hours, Alvey Chain has seen an increase of 9.5%. The market cap of Alvey Chain stands at 2.07M, with $116.77M WALV in circulation. For those looking to buy or trade Alvey Chain, reputable platforms like MEXC Global and Bitget offer avenues to do so securely and efficiently.
- Market cap
- $2.07M
- 24h Volume
- $865.82K
- Circulating supply
- $116.77M