How to Lend MANTRA (OM) in Vietnam

Introduction

Lending MANTRA is an excellent choice for those looking to hold OM while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire MANTRA (OM) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	MANTRA (OM)	0.07
   YouHodler	MANTRA (OM)	0.07
   Binance	MANTRA (OM)	0.07
   BTSE	MANTRA (OM)	0.16
   Kraken	MANTRA (OM)	0.07
   OKX	MANTRA (OM)	6.89

   View all 44 prices

2. 2. Select a MANTRA Lender

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

   Platform	Coin	Interest rate
   YouHodler	MANTRA (OM)	Earn up to 30% APY
   Kucoin	MANTRA (OM)	Earn up to 0.5% APY

3. 3. Lend Your MANTRA

   After selecting a platform to lend your MANTRA, transfer your MANTRA into your wallet on that platform. Once deposited, it will begin to earn interest. 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 crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.