Introduction
Lending Request can be an excellent choice for those looking to hold REQ 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 Request (REQ) Tokens
To lend Request, you first need to possess it. To acquire Request, you'll need to buy it. You can select from these well-known exchanges.
View all 21 pricesPlatform Mint Cost Binance Request (REQ) 0,12 Coinbase Request (REQ) 0,12 Kraken Request (REQ) 0,12 BingX Request (REQ) 0,15 Bitpanda Request (REQ) 0,12 Bybit Request (REQ) 0,12 2. Select a Request Lender
Once you have REQ, you'll need to select a Request lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Request (REQ) Up to 0,5% APY 3. Earn Request
Once you've selected a platform to earn your Request, transfer your Request 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
Request (REQ) is currently priced at US$0,5 with a 24-hour trading volume of US$2,02M. The market cap of Request stands at US$92,08M, with 769,29M REQ in circulation. For those looking to buy or trade Request, Kucoin offers avenues to do so securely and efficiently
- Market capitalisation
- US$92,08M
- 24-hour trading volume
- US$2,02M
- Circulating supply
- 769,29M REQ