How to Lend RatsBase (RATS)

Introduction

Lending RatsBase can be an excellent choice for those looking to hold RATS 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 RatsBase (RATS) Tokens

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

   Platform	Mint	Cost
   BTSE	RatsBase (RATS)	0,00005647
   CoinEx	RatsBase (RATS)	0,00005528
   Gate.io	RatsBase (RATS)	0,00005651
   Hotcoin	RatsBase (RATS)	0,00005642
   HTX	RatsBase (RATS)	0,00005647
   Kucoin	RatsBase (RATS)	0,00005657

   View all 16 prices

2. 2. Select a RatsBase Lender

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

   Platform	Mint	APY
   Kucoin	RatsBase (RATS)	Up to 0,5% APY

3. 3. Lend Your RatsBase

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