Earn up to
0.5% APY
An in-depth guide on how to lend Metal DAO (MTL)
We have a lot of data on lending Metal DAO (MTL) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Metal DAO (MTL) is currently priced at $0.5 with a 24-hour trading volume of $77.19M. The market cap of Metal DAO stands at $117.89M, with 83.17M MTL in circulation. For those looking to buy or trade Metal DAO, Kucoin offers avenues to do so securely and efficiently}
Lending Metal DAO can be a great option for those who want to hold MTL 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.
In order to lend Metal DAO, you need to have it. To obtain Metal DAO, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| PrimeXBT | Metal DAO (MTL) | 0.35 |
| Binance | Metal DAO (MTL) | 0.35 |
| Coinbase | Metal DAO (MTL) | 1.46 |
| Uphold | Metal DAO (MTL) | 0.77 |
| BingX | Metal DAO (MTL) | 0.35 |
| Bitget | Metal DAO (MTL) | 0.35 |
Once you have MTL, you'll need to choose a Metal DAO lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Kucoin | Metal DAO (MTL) | Up to 0.5% APY |
Once you've chosen a platform to lending your Metal DAO, transfer your Metal DAO 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.
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.
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.
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