Introduction
Lending Manta Network can be an excellent option for those who wish to hold MANTA 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 Manta Network (MANTA) Tokens
To lend Manta Network, you need to possess it. To obtain Manta Network, you'll need to purchase it. You can choose from these popular exchanges in the UK.
2. Choose a Manta Network Lender in the UK
Once you have MANTA, you'll need to choose a Manta Network lending platform to lend your tokens. You can see some options here.
Platform Coin AER Bitget Manta Network (MANTA) Up to 0.5% AER Kucoin Manta Network (MANTA) Up to 0.5% AER 3. Lend Your Manta Network
Once you've chosen a platform to lend your Manta Network, transfer your Manta Network into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending 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
Manta Network (MANTA) is currently priced at US$0.5 with a 24-hour trading volume of US$31.72M. The market cap of Manta Network stands at US$305.35M, with 385.54M MANTA in circulation. For those looking to purchase or trade Manta Network, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$305.35M
- 24-hour volume
- US$31.72M
- Circulating supply
- 385.54M MANTA