Where and How to Lend Myro ($MYRO)

Introduction

Lending Myro can be a great option for those who want to hold $MYRO 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 Guide

1. 1. Obtain Myro ($MYRO) Tokens

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

   Platform	Coin	Price
   Bitpanda	Myro ($MYRO)	0.12
   Uphold	Myro ($MYRO)	0.15
   YouHodler	Myro ($MYRO)	0.12
   BTSE	Myro ($MYRO)	0.11
   Bitmart	Myro ($MYRO)	0.13
   MEXC Global	Myro ($MYRO)	0.12

   See all 16 prices

2. 2. Choose a Myro Lender

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

   Platform	Coin	Interest rate
   YouHodler	Myro ($MYRO)	Up to 30 APY
   Bitget	Myro ($MYRO)	Up to 1 APY
   Kucoin	Myro ($MYRO)	Up to 0.5 APY

3. 3. Lend Your Myro

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