Where and How to Lend Mina Protocol (MINA)

Introduction

Lending Mina Protocol can be a great option for those who want to hold MINA 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. Get Mina Protocol (MINA) Tokens

   To lend Mina Protocol, you need to have it. To get Mina Protocol, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Uphold	Mina Protocol (MINA)	0.22
   Kraken	Mina Protocol (MINA)	0.17
   OKX	Mina Protocol (MINA)	0.21
   Binance	Mina Protocol (MINA)	0.17
   Coinbase	Mina Protocol (MINA)	0.17
   MEXC Global	Mina Protocol (MINA)	0.17

   See all 40 prices

2. 2. Choose a Mina Protocol Lender

   Once you have MINA, you’ll need to choose a Mina Protocol lending platform to lend your tokens. You can see some options here.

   Platform	Loonies	Interest rate
   Kucoin	Mina Protocol (MINA)	Up to 0.5% annual percentage yield

3. 3. Lend Your Mina Protocol

   Once you’ve chosen a platform for lending your Mina Protocol, transfer your Mina Protocol into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.