Introduction
Lending Trust Wallet can be an excellent choice for those looking to hold TWT 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 Trust Wallet (TWT) Tokens
To lend Trust Wallet, you first need to possess it. To acquire Trust Wallet, you'll need to buy it. You can select from these well-known exchanges.
2. Select a Trust Wallet Lender
Once you have TWT, you'll need to select a Trust Wallet lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Trust Wallet (TWT) Up to 0,5% APY 3. Lend Your Trust Wallet
Once you've selected a platform to lend your Trust Wallet, transfer your Trust Wallet 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
Trust Wallet (TWT) is currently priced at US$0,5 with a 24-hour trading volume of US$15,08M. The market cap of Trust Wallet stands at US$475,73M, with 416,65M TWT in circulation. For those looking to buy or trade Trust Wallet, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$475,73M
- 24-hour trading volume
- US$15,08M
- Circulating supply
- 416,65M TWT