Where & how to lend Mask Network (MASK)

Introduction

Lending Mask Network can be a great option for those who want to hold MASK but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

1. 1. Obtain Mask Network (MASK) tokens

   In order to lend Mask Network, you need to have it. To obtain Mask Network, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Mask Network (MASK)	$2.25
   Uphold	Mask Network (MASK)	$2.23
   Kraken	Mask Network (MASK)	$2.23
   OKX	Mask Network (MASK)	$2.25
   Binance	Mask Network (MASK)	$2.25
   Coinbase	Mask Network (MASK)	$2.24

   See all 13 prices

2. 2. Choose a Mask Network lender

   Once you have MASK, you’ll need to choose a Mask Network lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Mask Network (MASK)	Up to 0.5% APY
   OKX	Mask Network (MASK)	Up to 1% APY

3. 3. Lend your Mask Network

   Once you’ve chosen a platform to lending your Mask Network, transfer your Mask Network into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.