Introduction
Lending MAI can be an excellent choice for those looking to hold mai 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 MAI (mai) Tokens
To lend MAI, you first need to possess it. To acquire MAI, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost Bitget MAI (mai) 0,000018 MEXC Global MAI (mai) 0,000078 2. Select a MAI Lender
Once you have mai, you'll need to select a MAI lending platform to lend your tokens. You can explore some options here.
3. Earn MAI
Once you've selected a platform to earn your MAI, transfer your MAI into your wallet on the earning platform. Once it's deposited, it will start earning 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. Try to ensure your earning 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
MAI (mai) is currently priced at US$0,12 with a 24-hour trading volume of US$19 830,28. The market cap of MAI stands at US$148 882, with 150M mai in circulation. For those looking to buy or trade MAI, Aave offers avenues to do so securely and efficiently
- Market capitalisation
- US$148 882
- 24-hour trading volume
- US$19 830,28
- Circulating supply
- 150M mai