How to Lend ORDI (ORDI)

Introduction

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

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

   E-platform	Coin	Cost
   PrimeXBT	ORDI (ORDI)	4.16 APY
   Binance	ORDI (ORDI)	4.16 APY
   BTSE	ORDI (ORDI)	4.16 APY
   OKX	ORDI (ORDI)	9.93 APY
   Uphold	ORDI (ORDI)	9.03 APY
   BingX	ORDI (ORDI)	4.14 APY

   See all 42 prices in Uganda

2. 2. Select a ORDI Lender

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

   E-platform	Coin	APY
   Bitget	ORDI (ORDI)	Up to 0.3% APY
   Kucoin	ORDI (ORDI)	Up to 0.25% APY

3. 3. Lend Your ORDI

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