How to Lend Mantle (MNT) in the cryptocurrency market

Introduction

Lending Mantle can be an excellent choice for individuals looking to hold MNT while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Mantle (MNT) Tokens

   To lend Mantle, you must first possess it. To acquire Mantle, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   Platform	Coin	Price
   YouHodler	Mantle (MNT)	1.15 APY
   Coinbase	Mantle (MNT)	1.15 APY
   Kraken	Mantle (MNT)	1.15 APY
   Uphold	Mantle (MNT)	0.68 APY
   Bake	Mantle (MNT)	1.14 APY
   BingX	Mantle (MNT)	1.15 APY

   View all 27 prices

2. 2. Select a Mantle lending platform

   Once you have MNT, you'll need to select a Mantle lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   YouHodler	Mantle (MNT)	Up to 30% APY
   MEXC Global	Mantle (MNT)	Up to 500% APY

3. 3. Lend Your Mantle for attractive APY returns

   After selecting a platform to lend your Mantle, transfer your Mantle into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks