Where and How to Earn Livepeer (LPT)

Introduction

Lending Livepeer can be an excellent choice for those looking to hold LPT 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 Livepeer (LPT) Tokens

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

   Platform	Mint	Cost
   Binance	Livepeer (LPT)	6,22
   BTSE	Livepeer (LPT)	6,22
   Coinbase	Livepeer (LPT)	6,23
   Kraken	Livepeer (LPT)	6,27
   OKX	Livepeer (LPT)	3,82
   Uphold	Livepeer (LPT)	7,94

   View all 52 prices

2. 2. Select a Livepeer Lender

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

   Platform	Mint	APY
   Gemini	Livepeer (LPT)	Up to 0,01% APY
   Kucoin	Livepeer (LPT)	Up to 0,5% APY

   View all 4 lending APYs

3. 3. Earn Livepeer

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