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

Introduction

Lending MANTRA can be a great option for those who want to hold OM 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 MANTRA (OM) Tokens
In order to lend MANTRA, you need to have it. To obtain MANTRA, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
OKX MANTRA (OM) 3.93
YouHodler MANTRA (OM) 3.85
Binance MANTRA (OM) 3.85
BTSE MANTRA (OM) 3.85
Bitget MANTRA (OM) 3.81
BingX MANTRA (OM) 3.85
See all 19 prices
2. Choose a MANTRA Lender
Once you have OM, you’ll need to choose a MANTRA lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Kucoin MANTRA (OM) Up to 0.5 APY
3. Lend Your MANTRA
Once you’ve chosen a platform to lending your MANTRA, transfer your MANTRA 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
OKX	MANTRA (OM)	3.93
YouHodler	MANTRA (OM)	3.85
Binance	MANTRA (OM)	3.85
BTSE	MANTRA (OM)	3.85
Bitget	MANTRA (OM)	3.81
BingX	MANTRA (OM)	3.85

Platform	Coin	Interest rate
Kucoin	MANTRA (OM)	Up to 0.5 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

MANTRA (OM) is currently priced at $0.5 with a 24-hour trading volume of $97.74M. The market cap of MANTRA stands at $3.7B, with $959.75M OM in circulation. For those looking to buy or trade MANTRA, Kucoin offers avenues to do so securely and efficiently}

Market cap: $3.7B
24h volume: $97.74M
Circulating supply: $959.75M

See latest information

Frequently Asked Questions About Lending MANTRA (OM)

What are MANTRA (OM) lending rates?: MANTRA (OM) lending rates are the interest rates applied for lending the token. These rates can fluctuate due to market dynamics. For real-time updates, be sure to check Bitcompare, which provides current rates and more tools to keep you informed.
How often do MANTRA (OM) lending rates change?: MANTRA (OM) lending rates can change frequently based on market conditions and platform policies. Stay informed by checking Bitcompare regularly for real-time updates.
Where can I find real-time MANTRA (OM) lending rates?: You can find real-time MANTRA (OM) lending rates on Bitcompare. It offers detailed comparisons and updates to help you make informed decisions.
Are there email alerts available for MANTRA (OM) rate changes?: Yes, Bitcompare provides email alerts for MANTRA (OM) rate changes. Sign up to stay informed about the latest updates and to make timely decisions.
How can sentiment analysis assist in understanding MANTRA (OM) rates?: Sentiment analysis provides insights into market perceptions, which could impact MANTRA (OM) rates. Bitcompare offers this tool to help you gauge market trends.
Why is it important to regularly check MANTRA (OM) lending rates?: Checking MANTRA (OM) lending rates regularly helps you stay informed and responsive to market changes, ensuring you make the most out of your lending strategy.
How can I stay updated with the latest MANTRA (OM) news?: Bitcompare offers the latest MANTRA (OM) news events, helping you stay informed of any developments that could impact lending rates.
What makes Bitcompare a trusted platform for checking MANTRA (OM) rates?: Bitcompare is a trusted platform for real-time price comparisons, alerts, and news, ensuring you stay updated with reliable information about MANTRA (OM) rates.