How to Lend The Graph (GRT): A Step-by-Step Guide for South Africans

Introduction

Lending The Graph can be an excellent choice for those looking to hold GRT 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 The Graph (GRT) Tokens
To lend The Graph, you first need to possess it. To acquire The Graph, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Nexo The Graph (GRT) 0,04
PrimeXBT The Graph (GRT) 0,04
YouHodler The Graph (GRT) 0,04
Binance The Graph (GRT) 0,04
BTSE The Graph (GRT) 0,04
Coinbase The Graph (GRT) 0,04
View all 70 prices
2. Select a The Graph Lender
Once you have GRT, you'll need to select a The Graph lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Nexo The Graph (GRT) Up to 5% APY
YouHodler The Graph (GRT) Up to 16% APY
View all 9 lending APYs
3. Lend Your The Graph
Once you've selected a platform to lend your The Graph, transfer your The Graph 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.

Platform	Mint	Cost
Nexo	The Graph (GRT)	0,04
PrimeXBT	The Graph (GRT)	0,04
YouHodler	The Graph (GRT)	0,04
Binance	The Graph (GRT)	0,04
BTSE	The Graph (GRT)	0,04
Coinbase	The Graph (GRT)	0,04

Platform	Mint	APY
Nexo	The Graph (GRT)	Up to 5% APY
YouHodler	The Graph (GRT)	Up to 16% APY

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.