Introduction
Lending Marlin can be an excellent choice for those looking to hold POND 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 Marlin (POND) Tokens
To lend Marlin, you first need to possess it. To acquire Marlin, you'll need to buy it. You can select from these well-known exchanges.
View all 35 pricesPlatform Mint Cost Kraken Marlin (POND) 0,01 Binance Marlin (POND) 0,01 Coinbase Marlin (POND) 0,01 BingX Marlin (POND) 0,01 Bitget Marlin (POND) 0,01 Bitpanda Marlin (POND) 0,02 2. Select a Marlin Lender
Once you have POND, you'll need to select a Marlin lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Marlin (POND) Up to 0,5% APY 3. Earn Marlin
Once you've selected a platform to earn your Marlin, transfer your Marlin 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.
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
Marlin (POND) is currently priced at US$0,5 with a 24-hour trading volume of US$10,04M. The market cap of Marlin stands at US$175,17M, with 8,09B POND in circulation. For those looking to buy or trade Marlin, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$175,17M
- 24-hour trading volume
- US$10,04M
- Circulating supply
- 8,09B POND