Introduction
Lending APE can be an excellent choice for those looking to hold ape while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for South African Investors
1. Acquire APE (ape) Tokens
To lend APE, you first need to possess it. To acquire APE, you'll need to buy it. You can select from these well-known exchanges.
2. Select a APE Lender
Once you have ape, you'll need to select a APE lending platform to lend your tokens. You can explore some options here.
View all 5 lending APYsPlatform Mint APY YouHodler APE (ape) Up to 12% APY SwissBorg APE (ape) Up to 3,41% APY 3. Earn APE
Once you've selected a platform to earn your APE, transfer your APE into your wallet on the earning platform. Once it's deposited, it will start earning APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Try to ensure your earning platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the Market
APE (ape) is currently priced at 0 with a 24-hour trading volume of US$2,08. The market cap of APE stands at US$1 771,75, with 171,02B ape in circulation. For those looking to buy or trade APE, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- US$1 771,75
- 24-hour trading volume
- US$2,08
- Circulating supply
- 171,02B ape
