Introduction
Lending MAI can be an excellent option for those who wish to hold mai while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain MAI (mai) Tokens
To lend MAI, you need to possess it. To obtain MAI, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price Bitget MAI (mai) 0.000018 MEXC Global MAI (mai) 0.000078 2. Choose a MAI Lender in the UK
Once you have mai, you'll need to choose a MAI lending platform to lend your tokens. You can see some options here.
3. Earn MAI
Once you've selected a platform to earn your MAI, transfer your MAI into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
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- Market capitalisation
- US$13,771.06
- 24-hour volume
- US$15,033.73
- Circulating supply
- 150M mai
