Introduction
Lending Nova Merged USDT (zkLink) can be a great option for those who want to hold USDT 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. Obtain Nova Merged USDT (zkLink) (USDT) Tokens
In order to lend Nova Merged USDT (zkLink), you need to have it. To obtain Nova Merged USDT (zkLink), you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Nova Merged USDT (zkLink) Lender
Once you have USDT, you’ll need to choose a Nova Merged USDT (zkLink) lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate MEXC Global Nova Merged USDT (zkLink) (USDT) Up to 5 APY 3. Lend Your Nova Merged USDT (zkLink)
Once you’ve chosen a platform to lending your Nova Merged USDT (zkLink), transfer your Nova Merged USDT (zkLink) 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
Nova Merged USDT (zkLink) (USDT) is currently priced at $5 with a 24-hour trading volume of $5,392.35. The market cap of Nova Merged USDT (zkLink) stands at $189,342, with $189,089.16 USDT in circulation. For those looking to buy or trade Nova Merged USDT (zkLink), MEXC Global offers avenues to do so securely and efficiently}
- Market cap
- $189,342
- 24h volume
- $5,392.35
- Circulating supply
- $189,089.16
