How to Lend QUANT (quant)

Introduction

Lending QUANT can be an excellent choice for those looking to hold quant 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 QUANT (quant) Tokens

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

   Platform	Mint	Cost
   YouHodler	QUANT (quant)	75,73
   Binance	QUANT (quant)	75,76
   Coinbase	QUANT (quant)	75,59
   Kraken	QUANT (quant)	75,58
   Uphold	QUANT (quant)	116,15
   Azbit	QUANT (quant)	75,7

   View all 53 prices

2. 2. Select a QUANT Lender

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

   Platform	Mint	APY
   YouHodler	QUANT (quant)	Up to 30% APY
   Kucoin	QUANT (quant)	Up to 0,17% APY

   View all 4 lending APYs

3. 3. Lend Your QUANT

   Once you've selected a platform to lend your QUANT, transfer your QUANT 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.