Introduction
Lending API3 can be an excellent choice for those looking to hold API3 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 API3 (API3) Tokens
To lend API3, you first need to possess it. To acquire API3, you'll need to buy it. You can select from these well-known exchanges.
View all 44 pricesPlatform Mint Cost Binance API3 (API3) 1,21 Coinbase API3 (API3) 1,21 Kraken API3 (API3) 1,21 OKX API3 (API3) 1,22 Uphold API3 (API3) 0,74 Bake API3 (API3) 1,21 2. Select a API3 Lender
Once you have API3, you'll need to select a API3 lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin API3 (API3) Up to 0,5% APY 3. Earn API3
Once you've selected a platform to earn your API3, transfer your API3 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
API3 (API3) is currently priced at US$0,5 with a 24-hour trading volume of US$11,36M. The market cap of API3 stands at US$175,37M, with 117,99M API3 in circulation. For those looking to buy or trade API3, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$175,37M
- 24-hour trading volume
- US$11,36M
- Circulating supply
- 117,99M API3