How to Earn Bittensor (TAO): A Step-by-Step Guide for South Africans

Introduction

Lending Bittensor can be an excellent choice for those looking to hold TAO 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 Bittensor (TAO) Tokens
To lend Bittensor, you first need to possess it. To acquire Bittensor, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
PrimeXBT Bittensor (TAO) 218,63
Binance Bittensor (TAO) 218,8
Coinbase Bittensor (TAO) 218,64
Uphold Bittensor (TAO) 393,44
Bake Bittensor (TAO) 218,75
BingX Bittensor (TAO) 218,75
View all 33 prices
2. Select a Bittensor Lender
Once you have TAO, you'll need to select a Bittensor lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Bitget Bittensor (TAO) Up to 0,3% APY
Coinbase Bittensor (TAO) Up to 18,22% APY
3. Earn Bittensor
Once you've selected a platform to earn your Bittensor, transfer your Bittensor 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
PrimeXBT	Bittensor (TAO)	218,63
Binance	Bittensor (TAO)	218,8
Coinbase	Bittensor (TAO)	218,64
Uphold	Bittensor (TAO)	393,44
Bake	Bittensor (TAO)	218,75
BingX	Bittensor (TAO)	218,75

Platform	Mint	APY
Bitget	Bittensor (TAO)	Up to 0,3% APY
Coinbase	Bittensor (TAO)	Up to 18,22% 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.

Latest Movements in the Market

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Market capitalisation: US$3,52B
24-hour trading volume: US$131,4M
Circulating supply: 8,14M TAO

Check the latest updates

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