Introduction
Lending Mantle can be a great option for those who want to hold MNT but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Mantle (MNT) Tokens
In order to lend Mantle, you need to have it. To obtain Mantle, you’ll need to purchase it. You can choose from these popular exchanges.
See all 11 pricesPlatform Coin Price Bitpanda Mantle (MNT) 0.73 Uphold Mantle (MNT) 0.76 Kraken Mantle (MNT) 0.73 YouHodler Mantle (MNT) 0.73 Coinbase Mantle (MNT) 0.00 Bitmart Mantle (MNT) 0.74 2. Choose a Mantle Lender
Once you have MNT, you’ll need to choose a Mantle lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate YouHodler Mantle (MNT) Up to 30.00 APY 3. Lend Your Mantle
Once you’ve chosen a platform to lending your Mantle, transfer your Mantle into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Mantle (MNT) is currently priced at $30.00 with a 24-hour trading volume of $127.07M. The market cap of Mantle stands at $2.47B, with $3.37B MNT in circulation. For those looking to buy or trade Mantle, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- $2.47B
- 24h volume
- $127.07M
- Circulating supply
- $3.37B