Introduction

Lending PlatON Network can be an excellent choice for those looking to hold LAT 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 PlatON Network (LAT) Tokens

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

   E-platform	Coin	Cost
   BTSE	PlatON Network (LAT)	0 APY
   OKX	PlatON Network (LAT)	0 APY
   BingX	PlatON Network (LAT)	0 APY
   Bitget	PlatON Network (LAT)	0 APY
   Bitmart	PlatON Network (LAT)	0 APY
   CoinEx	PlatON Network (LAT)	0 APY

   See all 19 prices in Uganda

2. 2. Select a PlatON Network Lender

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

3. 3. Lend Your PlatON Network

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