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
Kraken MANTRA (OM) 7.35
OKX MANTRA (OM) 7.35
YouHodler MANTRA (OM) 7.36
Binance MANTRA (OM) 7.35
BTSE MANTRA (OM) 7.36
Bitget MANTRA (OM) 7.34
See all 40 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
YouHodler MANTRA (OM) Up to 30 APY
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
Kraken	MANTRA (OM)	7.35
OKX	MANTRA (OM)	7.35
YouHodler	MANTRA (OM)	7.36
Binance	MANTRA (OM)	7.35
BTSE	MANTRA (OM)	7.36
Bitget	MANTRA (OM)	7.34

Platform	Coin	Interest rate
YouHodler	MANTRA (OM)	Up to 30 APY
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 $30 with a 24-hour trading volume of $99.78M. The market cap of MANTRA stands at $3.78B, with 959.78M OM in circulation. For those looking to buy or trade MANTRA, YouHodler offers avenues to do so securely and efficiently}

Market cap: $3.78B
24h volume: $99.78M
Circulating supply: 959.78M OM

See latest information

Frequently Asked Questions About Lending MANTRA (OM)

What are the current MANTRA (OM) lending rates?: MANTRA (OM) lending rates vary based on market conditions. Stay informed by regularly checking Bitcompare's real-time price comparisons and tools to make smart decisions in the dynamic crypto market.
How often do MANTRA (OM) lending rates change?: Lending rates for MANTRA (OM) can change frequently due to market dynamics. Use Bitcompare's email alerts and real-time tools to keep up-to-date with the latest rate changes.
Where can I compare MANTRA (OM) lending rates?: Compare MANTRA (OM) lending rates using Bitcompare’s trusted platform for real-time price comparisons, sentiment analysis, and the latest crypto news. Bookmark the page to stay ahead.
Can I receive notifications for MANTRA (OM) rate changes?: Yes, Bitcompare offers email alerts for MANTRA (OM) lending rate changes. Subscribe to stay informed and adjust your strategy as needed in the fast-paced crypto market.
Why should I regularly check MANTRA (OM) lending rates?: Regularly checking MANTRA (OM) lending rates helps you make informed decisions. Utilize Bitcompare's tools for the latest updates and insights to navigate the crypto landscape effectively.
What tools are available to help track MANTRA (OM) rates?: Bitcompare provides tools like real-time price comparisons, email alerts, sentiment analysis, and the latest MANTRA news events. These tools help you stay updated and informed.
Is using Bitcompare for MANTRA (OM) inquiries reliable?: Yes, Bitcompare is a trusted platform offering comprehensive tools and insights for MANTRA (OM) lending, ensuring you have accurate and current information for better decision-making.
How can I make well-informed decisions about MANTRA (OM)?: Leverage Bitcompare's real-time data, email alerts, and news updates to make informed choices about MANTRA (OM). Stay ahead by bookmarking and regularly checking the platform.