How to Lend Manta Network (MANTA)

Introduction

Lending Manta Network can be an excellent choice for those looking to hold MANTA 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 Manta Network (MANTA) Tokens

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

   E-platform	Coin	Cost
   PrimeXBT	Manta Network (MANTA)	0.21 APY
   Binance	Manta Network (MANTA)	0.21 APY
   BTSE	Manta Network (MANTA)	0.21 APY
   BingX	Manta Network (MANTA)	0.21 APY
   Bitget	Manta Network (MANTA)	0.21 APY
   Bitmart	Manta Network (MANTA)	0.21 APY

   See all 34 prices in Uganda

2. 2. Select a Manta Network Lender

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

   E-platform	Coin	APY
   Bitget	Manta Network (MANTA)	Up to 0.5% APY
   Kucoin	Manta Network (MANTA)	Up to 0.5% APY

3. 3. Lend Your Manta Network

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