How to Lend Mantle (MNT) in Australia

Introduction

Lending Mantle can be a great option for those who want to hold MNT 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 Mantle (MNT) Tokens

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

   Platform	Coin	Cost
   YouHodler	Mantle (MNT)	0.98
   Coinbase	Mantle (MNT)	0.98
   Kraken	Mantle (MNT)	0.98
   Uphold	Mantle (MNT)	0.68
   Bake	Mantle (MNT)	0.98
   BingX	Mantle (MNT)	0.99

   See all 27 prices

2. 2. Choose a Mantle lender

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

   Platform	Coin	Interest rate
   YouHodler	Mantle (MNT)	Up to 30% p.a.
   MEXC Global	Mantle (MNT)	Up to 500% p.a.

3. 3. Lend Your Mantle

   Once you've chosen a platform to lend your Mantle, transfer your Mantle 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.