How to Earn Binance-Peg IoTeX (IOTX): A Step-by-Step Guide for South Africans

Introduction

Lending Binance-Peg IoTeX can be an excellent choice for those looking to hold IOTX 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 Binance-Peg IoTeX (IOTX) Tokens
To lend Binance-Peg IoTeX, you first need to possess it. To acquire Binance-Peg IoTeX, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Azbit Binance-Peg IoTeX (IOTX) 0,01
FMFW.io Binance-Peg IoTeX (IOTX) 0,01
Kucoin Binance-Peg IoTeX (IOTX) 0,01
View all 4 prices
2. Select a Binance-Peg IoTeX Lender
Once you have IOTX, you'll need to select a Binance-Peg IoTeX lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Kucoin Binance-Peg IoTeX (IOTX) Up to 100% APY
3. Earn Binance-Peg IoTeX
Once you've selected a platform to earn your Binance-Peg IoTeX, transfer your Binance-Peg IoTeX 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.

Platform	Mint	Cost
Azbit	Binance-Peg IoTeX (IOTX)	0,01
FMFW.io	Binance-Peg IoTeX (IOTX)	0,01
Kucoin	Binance-Peg IoTeX (IOTX)	0,01

Platform	Mint	APY
Kucoin	Binance-Peg IoTeX (IOTX)	Up to 100% APY

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.