How to Earn Hyperliquid (HYPE): A Step-by-Step Guide for South Africans

Introduction

Lending Hyperliquid can be an excellent choice for those looking to hold HYPE 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 Hyperliquid (HYPE) Tokens
To lend Hyperliquid, you first need to possess it. To acquire Hyperliquid, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
PrimeXBT Hyperliquid (HYPE) 25,53
YouHodler Hyperliquid (HYPE) 25,51
OKX Hyperliquid (HYPE) 25,54
BingX Hyperliquid (HYPE) 25,54
Bitget Hyperliquid (HYPE) 26,34
Bitmart Hyperliquid (HYPE) 25,55
View all 45 prices
2. Select a Hyperliquid Lender
Once you have HYPE, you'll need to select a Hyperliquid lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Kucoin Hyperliquid (HYPE) Up to 0,22% APY
3. Earn Hyperliquid
Once you've selected a platform to earn your Hyperliquid, transfer your Hyperliquid 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	Hyperliquid (HYPE)	25,53
YouHodler	Hyperliquid (HYPE)	25,51
OKX	Hyperliquid (HYPE)	25,54
BingX	Hyperliquid (HYPE)	25,54
Bitget	Hyperliquid (HYPE)	26,34
Bitmart	Hyperliquid (HYPE)	25,55

Platform	Mint	APY
Kucoin	Hyperliquid (HYPE)	Up to 0,22% 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.