How to Lend Manta Network (MANTA) in Australia

Introduction

Lending Manta Network can be a great option for those who want to hold MANTA while earning yield. The steps may seem a bit 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 Manta Network (MANTA) Tokens

   To lend Manta Network, you need to possess it. To acquire Manta Network, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   PrimeXBT	Manta Network (MANTA)	0.12
   Binance	Manta Network (MANTA)	0.12
   BTSE	Manta Network (MANTA)	0.21
   BingX	Manta Network (MANTA)	0.12
   Bitget	Manta Network (MANTA)	0.12
   Bitmart	Manta Network (MANTA)	0.12

   See all 34 prices

2. 2. Choose a Manta Network lender

   Once you have MANTA, you'll need to choose a Manta Network lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Bitget	Manta Network (MANTA)	Up to 0.5% p.a.
   Kucoin	Manta Network (MANTA)	Up to 0.5% p.a.

3. 3. Lend Your Manta Network

   Once you've chosen a platform to lend your Manta Network, transfer your Manta Network into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your lending platform pays compounding interest to maximise your returns.

What to Be Aware Of

Lending your crypto can be risky. Ensure 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.