How to Lend Props (PROPS)

Introduction

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

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

   E-platform	Coin	Cost
   BingX	Props (PROPS)	0.01 APY
   Bitget	Props (PROPS)	0.01 APY
   Bitmart	Props (PROPS)	0.01 APY
   Gate.io	Props (PROPS)	0.01 APY
   LBank	Props (PROPS)	0.01 APY
   MEXC Global	Props (PROPS)	0.01 APY

   See all 12 prices in Uganda

2. 2. Select a Props Lender

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

   E-platform	Coin	APY
   Bitget	Props (PROPS)	Up to 1% APY

3. 3. Lend Your Props

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