Where and How to Earn The Root Network (ROOT)

Introduction

Lending The Root Network can be an excellent choice for those looking to hold ROOT 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. 1. Acquire The Root Network (ROOT) Tokens

   To lend The Root Network, you first need to possess it. To acquire The Root Network, you'll need to buy it. You can select from these well-known exchanges.

   Platform	Mint	Cost
   Uphold	The Root Network (ROOT)	0,01
   Bitget	The Root Network (ROOT)	0
   Bitmart	The Root Network (ROOT)	0,000733
   CoinEx	The Root Network (ROOT)	0,000738
   Gate.io	The Root Network (ROOT)	0,0007339
   Hotcoin	The Root Network (ROOT)	0,03

   View all 15 prices

2. 2. Select a The Root Network Lender

   Once you have ROOT, you'll need to select a The Root Network lending platform to lend your tokens. You can explore some options here.

   Platform	Mint	APY
   Kucoin	The Root Network (ROOT)	Up to 100% APY

3. 3. Earn The Root Network

   Once you've selected a platform to earn your The Root Network, transfer your The Root Network 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. 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.