How to Lend MANTRA (OM): A Step-by-Step Guide for German Investors

Introduction

Lending MANTRA can be an excellent choice for those looking to hold OM while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. Acquire MANTRA (OM) Tokens
To lend MANTRA, you first need to possess it. To acquire MANTRA, you'll have to buy it. You can select from these well-known exchanges.
Plattform Kryptowährung Price
PrimeXBT MANTRA (OM) 0,07 APY
YouHodler MANTRA (OM) 0,07 APY
Binance MANTRA (OM) 0,07 APY
BTSE MANTRA (OM) 0,16 APY
Kraken MANTRA (OM) 0,07 APY
OKX MANTRA (OM) 6,89 APY
View all 44 prices
2. Select a MANTRA provider
Once you have OM, you'll need to select a MANTRA lending platform to lend your tokens. You can explore some options here.
Plattform Kryptowährung APY
YouHodler MANTRA (OM) Up to 30 % APY
Kucoin MANTRA (OM) Up to 0,5 % APY
3. Lend Your MANTRA in Germany
Once you've selected a platform to lend your MANTRA, transfer your MANTRA into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

Plattform	Kryptowährung	Price
PrimeXBT	MANTRA (OM)	0,07 APY
YouHodler	MANTRA (OM)	0,07 APY
Binance	MANTRA (OM)	0,07 APY
BTSE	MANTRA (OM)	0,16 APY
Kraken	MANTRA (OM)	0,07 APY
OKX	MANTRA (OM)	6,89 APY

Plattform	Kryptowährung	APY
YouHodler	MANTRA (OM)	Up to 30 % APY
Kucoin	MANTRA (OM)	Up to 0,5 % APY

What to Consider

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