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) 3.98
YouHodler MANTRA (OM) 3.97
Binance MANTRA (OM) 3.97
BTSE MANTRA (OM) 3.97
Bitget MANTRA (OM) 3.89
BingX MANTRA (OM) 3.98
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)	3.98
YouHodler	MANTRA (OM)	3.97
Binance	MANTRA (OM)	3.97
BTSE	MANTRA (OM)	3.97
Bitget	MANTRA (OM)	3.89
BingX	MANTRA (OM)	3.98

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 $78.62M. The market cap of MANTRA stands at $3.81B, with $959.61M OM in circulation. For those looking to buy or trade MANTRA, Kucoin offers avenues to do so securely and efficiently}

Market cap: $3.81B
24h volume: $78.62M
Circulating supply: $959.61M

See latest information

Frequently Asked Questions About Lending MANTRA (OM)

What are the current lending rates for MANTRA (OM)?: Lending rates for MANTRA (OM) can fluctuate. Use Bitcompare's tools for real-time price comparisons and email alerts to keep track of the latest rates. Check regularly and bookmark the page for the latest updates on cryptocurrency market trends.
How can I stay informed about changes in MANTRA lending rates?: Keep visiting Bitcompare for the latest MANTRA news and rate changes. Utilize tools like real-time comparisons, sentiment analysis, and alerts. Bookmark the page to stay updated on market dynamics and make well-informed decisions.
Can I receive alerts for MANTRA lending rate changes?: Yes, Bitcompare offers email alerts to notify you of any changes in MANTRA lending rates. This helps you stay current with market trends and make timely decisions.
How reliable are the lending rates provided by Bitcompare?: Bitcompare is a trusted crypto comparison platform providing real-time comparisons of reputable exchanges, rates, and prices. Regularly checking the page ensures you have the most accurate and up-to-date information.
Why should I use Bitcompare for monitoring MANTRA rates?: Bitcompare offers valuable tools like real-time comparisons and sentiment analysis, helping you stay informed about MANTRA rates. Visit frequently for the latest updates in the dynamic crypto market.
Are there any additional tools on Bitcompare for MANTRA analysis?: Yes, Bitcompare provides several tools, including real-time price comparisons, sentiment analysis, email alerts, and latest news events for a comprehensive understanding of MANTRA and the crypto market.
How frequently are MANTRA lending rates updated on Bitcompare?: MANTRA lending rates are updated in real-time on Bitcompare. Regular visitation and bookmarking the page ensures you stay ahead of changes in the market.