How to Lend MANTRA (OM)

Introduction

Lending MANTRA can be an excellent choice for those looking to hold OM while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire MANTRA (OM) Tokens

   To lend MANTRA, you must first possess it. To acquire MANTRA, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   PrimeXBT	MANTRA (OM)	0,07 APY
   YouHodler	MANTRA (OM)	0,07 APY
   Binance	MANTRA (OM)	0,07 APY
   BTSE	MANTRA (OM)	0,16 APY
   Kraken	MANTRA (OM)	0,07 APY
   OKX	MANTRA (OM)	6,89 APY

   Check out all 44 prices

2. 2. Select a MANTRA Lender in Italy

   Once you have OM, you'll need to select a MANTRA lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   YouHodler	MANTRA (OM)	Up to 30% APY
   Kucoin	MANTRA (OM)	Up to 0,5% APY

3. 3. Lend Your MANTRA in Italy

   Once you've selected a platform to lend your MANTRA, transfer your MANTRA into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks