Introduction
Lending $WEN (Stacks) can be an excellent choice for those looking to hold WEN 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 $WEN (Stacks) (WEN) Tokens
To lend $WEN (Stacks), you first need to possess it. To acquire $WEN (Stacks), you'll need to buy it. You can select from these well-known exchanges.
View all 24 pricesPlatform Mint Cost Uphold $WEN (Stacks) (WEN) 0,00004285 Bitstamp $WEN (Stacks) (WEN) 0,0000065 CoinEx $WEN (Stacks) (WEN) 0,000006786 Crypto.com $WEN (Stacks) (WEN) 0,0000067 Gate.io $WEN (Stacks) (WEN) 0,000006799 Hotcoin $WEN (Stacks) (WEN) 0,00003883 2. Select a $WEN (Stacks) Lender
Once you have WEN, you'll need to select a $WEN (Stacks) lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin $WEN (Stacks) (WEN) Up to 0,5% APY 3. Earn $WEN (Stacks)
Once you've selected a platform to earn your $WEN (Stacks), transfer your $WEN (Stacks) 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
missing en-za translation: common.latest-movements-copy
- Market capitalisation
- US$268 167
- 24-hour trading volume
- US$84,26
- Circulating supply
- 839,91M WEN
