Where and How to Earn Rocket Pool (RPL)

Introduction

Lending Rocket Pool can be an excellent choice for those looking to hold RPL while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Rocket Pool (RPL) Tokens

   To lend Rocket Pool, you first need to possess it. To acquire Rocket Pool, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   Binance	Rocket Pool (RPL)	2.97 APY
   Coinbase	Rocket Pool (RPL)	2.95 APY
   Kraken	Rocket Pool (RPL)	3 APY
   OKX	Rocket Pool (RPL)	5.31 APY
   Uphold	Rocket Pool (RPL)	6.13 APY
   Azbit	Rocket Pool (RPL)	2.96 APY

   See all 46 prices in Uganda

2. 2. Select a Rocket Pool Lender

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

   E-platform	Coin	APY
   Aave	Rocket Pool (RPL)	Up to 2.99% APY
   Kucoin	Rocket Pool (RPL)	Up to 0.5% APY

   View all 4 APY rates

3. 3. Earn Rocket Pool in Uganda's vibrant financial landscape

   Once you've selected a platform to earn your Rocket Pool, transfer your Rocket Pool into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay APY daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.