How to Lend Nova Merged USDT (zkLink) (USDT): A Step-by-Step Guide for the UK

Introduction

Lending Nova Merged USDT (zkLink) can be an excellent option for those who wish to hold USDT while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. Obtain Nova Merged USDT (zkLink) (USDT) Tokens
To lend Nova Merged USDT (zkLink), you need to possess it. To obtain Nova Merged USDT (zkLink), you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
Coinbase Nova Merged USDT (zkLink) (USDT) 1
MEXC Global Nova Merged USDT (zkLink) (USDT) 0
2. Choose a Nova Merged USDT (zkLink) Lender in the UK
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 AER
MEXC Global Nova Merged USDT (zkLink) (USDT) Up to 0% AER
3. Lend Your Nova Merged USDT (zkLink)
Once you've chosen a platform to lend your Nova Merged USDT (zkLink), transfer your Nova Merged USDT (zkLink) into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Coinbase	Nova Merged USDT (zkLink) (USDT)	1
MEXC Global	Nova Merged USDT (zkLink) (USDT)	0

Platform	Coin	AER
MEXC Global	Nova Merged USDT (zkLink) (USDT)	Up to 0% AER

What to Be Aware Of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.