How to Lend Decentraland (MANA): A Step-by-Step Guide

Introduction

Lending Decentraland can be a great option for those who want to hold MANA 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. Obtain Decentraland (MANA) Tokens
In order to lend Decentraland, you need to have it. To obtain Decentraland, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Decentraland (MANA) 0,14
PrimeXBT Decentraland (MANA) 0,14
YouHodler Decentraland (MANA) 0,14
Binance Decentraland (MANA) 0,14
BTSE Decentraland (MANA) 0,14
OKX Decentraland (MANA) 0,23
See all 51 prices
2. Choose a Decentraland Lender
Once you have MANA, you’ll need to choose a Decentraland lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
YouHodler Decentraland (MANA) Up to 12% APY
Gemini Decentraland (MANA) Up to 0,01% APY
See all 4 lending rates
3. Lend Your Decentraland
Once you’ve chosen a platform to lending your Decentraland, transfer your Decentraland into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
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 maximise your returns.

Platform	Coin	Price
Nexo	Decentraland (MANA)	0,14
PrimeXBT	Decentraland (MANA)	0,14
YouHodler	Decentraland (MANA)	0,14
Binance	Decentraland (MANA)	0,14
BTSE	Decentraland (MANA)	0,14
OKX	Decentraland (MANA)	0,23

Platform	Coin	Interest rate
YouHodler	Decentraland (MANA)	Up to 12% APY
Gemini	Decentraland (MANA)	Up to 0,01% APY

What to be Aware of

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

Latest Movements

missing en-fr translation: common.latest-movements-copy

Market cap: US$916.82M
24h volume: US$82.37M
Circulating supply: 1,87B MANA

See latest information

Frequently Asked Questions About Lending Decentraland (MANA)

What are the current lending rates for Decentraland (MANA)?: As of now, Decentraland (MANA) has two lending rates available, with an average rate of 60.005%. The best lending rate can be found on YouHodler, which offers competitive terms for users looking to lend their MANA assets. It is essential to stay informed about these rates, as they can fluctuate based on market conditions. For real-time updates and comparisons, consider using Bitcompare's features to remain ahead of the curve.