Introduction
Lending Ontology can be an excellent choice for those looking to hold ONT 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 Ontology (ONT) Tokens
To lend Ontology, you first need to possess it. To acquire Ontology, you'll need to buy it. You can select from these well-known exchanges.
View all 30 pricesPlatform Mint Cost Binance Ontology (ONT) 0,13 OKX Ontology (ONT) 0,15 Uphold Ontology (ONT) 0,14 Azbit Ontology (ONT) 0,13 BingX Ontology (ONT) 0,13 Bitget Ontology (ONT) 0,13 2. Select a Ontology Lender
Once you have ONT, you'll need to select a Ontology lending platform to lend your tokens. You can explore some options here.
3. Earn Ontology
Once you've selected a platform to earn your Ontology, transfer your Ontology 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
- Market capitalisation
- US$221,86M
- 24-hour trading volume
- US$19,73M
- Circulating supply
- 912,7M ONT