How to Lend Coin98 (C98)

Introduction

Lending Coin98 can be an excellent choice for those looking to hold C98 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 Coin98 (C98) Tokens

   To lend Coin98, you first need to possess it. To acquire Coin98, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   Binance	Coin98 (C98)	0.02 APY
   BTSE	Coin98 (C98)	0.02 APY
   Coinbase	Coin98 (C98)	0.02 APY
   Kraken	Coin98 (C98)	0.02 APY
   Uphold	Coin98 (C98)	0.05 APY
   BingX	Coin98 (C98)	0.02 APY

   See all 43 prices in Uganda

2. 2. Select a Coin98 Lender

   Once you have C98, you'll need to select a Coin98 lending platform to lend your tokens. You can explore some options here.

   E-platform	Coin	APY
   Kucoin	Coin98 (C98)	Up to 0.5% APY

3. 3. Lend Your Coin98

   Once you've selected a platform to lend your Coin98, transfer your Coin98 into your wallet on the lending platform. After it's deposited, it will begin to earn APY. Some platforms pay interest 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 higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

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.