Introduction
Lending MatrixGPT can be an excellent choice for those looking to hold MAI while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.
Step-by-Step Guide for Indian Investors
1. Acquire MatrixGPT (MAI) Tokens in India
To lend MatrixGPT, you first need to possess it. To acquire MatrixGPT, you'll have to buy it. You can select from these popular Indian exchanges.
2. Choose a MatrixGPT Lender in India
Once you have MAI, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY Aave MatrixGPT (MAI) Up to 0.88% APY 3. Earn MatrixGPT in India
Once you've selected a platform to earn your MatrixGPT, transfer your MatrixGPT into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.
What to Keep in Mind
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Trends in India
MatrixGPT (MAI) is currently priced at $0.88 with a 24-hour trading volume of $59.32. For those looking to buy or trade MatrixGPT, Aave offers avenues to do so securely and efficiently
- 24-hour trading volume
- $59.32