missing en-vn translation: how-to.verb.earn.hero.heading

Introduction

Lending Decentraland is an excellent choice for those looking to hold MANA while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Decentraland (MANA) Tokens

   To lend Decentraland, you must first possess it. To acquire Decentraland, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	Decentraland (MANA)	0.12
   PrimeXBT	Decentraland (MANA)	0.12
   YouHodler	Decentraland (MANA)	0.12
   Binance	Decentraland (MANA)	0.12
   BTSE	Decentraland (MANA)	0.12
   OKX	Decentraland (MANA)	0.23

   View all 51 prices

2. 2. Select a Decentraland Lender

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

   Platform	Coin	Interest rate
   YouHodler	Decentraland (MANA)	Earn up to 12% APY
   Gemini	Decentraland (MANA)	Earn up to 0.01% APY

   View all 4 loan rates

3. 3. Earn Decentraland

   After selecting a platform to earn your Decentraland, transfer your Decentraland to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.