Introduction
Lending Slerf can be an excellent choice for those looking to hold SLERF 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 Slerf (SLERF) Tokens
To lend Slerf, you first need to possess it. To acquire Slerf, you'll need to buy it. You can select from these well-known exchanges.
View all 28 pricesPlatform Mint Cost OKX Slerf (SLERF) 0,03 BingX Slerf (SLERF) 0,01 Bitget Slerf (SLERF) 0,01 Bitmart Slerf (SLERF) 0,07 Bybit Slerf (SLERF) 0,08 CoinEx Slerf (SLERF) 0,01 2. Select a Slerf Lender
Once you have SLERF, you'll need to select a Slerf lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Bitget Slerf (SLERF) Up to 0,4% APY 3. Earn Slerf
Once you've selected a platform to earn your Slerf, transfer your Slerf 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$75,69M
- 24-hour trading volume
- US$13,89M
- Circulating supply
- 500M SLERF
