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Introduction

Lending Kadena can be an excellent choice for those looking to hold KDA 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. 1. Acquire Kadena (KDA) Tokens

   To lend Kadena, you first need to possess it. To acquire Kadena, you'll need to buy it. You can select from these well-known exchanges.

   Platform	Mint	Cost
   Binance	Kadena (KDA)	0,01
   OKX	Kadena (KDA)	0,48
   Uphold	Kadena (KDA)	0,48
   BingX	Kadena (KDA)	0,04
   Bitget	Kadena (KDA)	0,05
   Bitmart	Kadena (KDA)	0,02

   View all 26 prices

2. 2. Select a Kadena Lender

   Once you have KDA, you'll need to select a Kadena lending platform to lend your tokens. You can explore some options here.

   Platform	Mint	APY
   Kucoin	Kadena (KDA)	Up to 2,72% APY

3. 3. Earn Kadena

   Once you've selected a platform to earn your Kadena, transfer your Kadena 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. 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.