How to Lend Coreum (COREUM)

Introduction

Lending Coreum can be an excellent choice for those looking to hold COREUM 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 Coreum (COREUM) Tokens

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

   Platform	Mint	Cost
   Uphold	Coreum (COREUM)	0,13
   Bitget	Coreum (COREUM)	0,13
   Bitmart	Coreum (COREUM)	0,05
   Bitpanda	Coreum (COREUM)	0,27
   Bitstamp	Coreum (COREUM)	0,05
   FMFW.io	Coreum (COREUM)	0,1

   View all 14 prices

2. 2. Select a Coreum Lender

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

   Platform	Mint	APY
   Bitget	Coreum (COREUM)	Up to 1% APY

3. 3. Lend Your Coreum

   Once you've selected a platform to lend your Coreum, transfer your Coreum into your wallet on the lending platform. Once it's deposited, it will begin to earn 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. Make sure your lending 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.