Introduction
Lending Tectonic can be an excellent choice for those looking to hold TONIC 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 Tectonic (TONIC) Tokens
To lend Tectonic, you first need to possess it. To acquire Tectonic, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost Crypto.com Tectonic (TONIC) 0 2. Select a Tectonic Lender
Once you have TONIC, you'll need to select a Tectonic lending platform to lend your tokens. You can explore some options here.
3. Lend Your Tectonic
Once you've selected a platform to lend your Tectonic, transfer your Tectonic 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. 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.
Latest Movements in the Market
- Market capitalisation
- US$14,24M
- 24-hour trading volume
- US$41 052
- Circulating supply
- 258,51T TONIC
