Introduction
Lending Numbers Protocol can be an excellent choice for those looking to hold NUM 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 Numbers Protocol (NUM) Tokens
To lend Numbers Protocol, you first need to possess it. To acquire Numbers Protocol, you'll need to buy it. You can select from these well-known exchanges.
2. Select a Numbers Protocol Lender
Once you have NUM, you'll need to select a Numbers Protocol lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Numbers Protocol (NUM) Up to 12% APY 3. Earn Numbers Protocol
Once you've selected a platform to earn your Numbers Protocol, transfer your Numbers Protocol 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
Numbers Protocol (NUM) is currently priced at US$12 with a 24-hour trading volume of US$523 921. The market cap of Numbers Protocol stands at US$35,73M, with 723,76M NUM in circulation. For those looking to buy or trade Numbers Protocol, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$35,73M
- 24-hour trading volume
- US$523 921
- Circulating supply
- 723,76M NUM