Introduction

Lending IQ50 can be an excellent choice for those looking to hold IQ50 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 IQ50 (IQ50) Tokens

   To lend IQ50, you first need to possess it. To acquire IQ50, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   BingX	IQ50 (IQ50)	0.000006232 APY
   Bitmart	IQ50 (IQ50)	0.000002754 APY
   CoinEx	IQ50 (IQ50)	0.000001359 APY
   Gate.io	IQ50 (IQ50)	0 APY
   MEXC Global	IQ50 (IQ50)	0.00000216 APY

   See all 8 prices in Uganda

2. 2. Select a IQ50 Lender

   Once you have IQ50, you'll need to select a IQ50 lending platform to lend your tokens. You can explore some options here.

3. 3. Lend Your IQ50

   Once you've selected a platform to lend your IQ50, transfer your IQ50 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.