How to Lend Mantle (MNT): A Step-by-Step Guide for UAE Investors

Introduction

Lending Mantle can be an excellent choice for those looking to hold MNT while generating returns. The process may seem overwhelming, particularly for first-time users. That’s why we’ve created this guide specifically for you.

Step-by-Step Guide for UAE Residents

1. Acquire Mantle (MNT) Tokens
To lend Mantle, you must first acquire it. To obtain Mantle, you will need to purchase it. You can select from these well-known exchanges available in the UAE.
Platform Cryptocurrency Price
YouHodler Mantle (MNT) 0.98
Coinbase Mantle (MNT) 0.98
Kraken Mantle (MNT) 0.98
Uphold Mantle (MNT) 0.68
Bake Mantle (MNT) 0.98
BingX Mantle (MNT) 0.98
View all 27 prices
2. Select a Mantle provider in the UAE
Once you have MNT, you'll need to select a Mantle lending platform to lend your tokens. You can explore some options available in the UAE market here.
Platform Cryptocurrency APY
YouHodler Mantle (MNT) Up to 30% APY
MEXC Global Mantle (MNT) Up to 500% APY
3. Lend Your Mantle in the UAE
Once you've selected a platform to lend your Mantle, transfer your Mantle into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms offer interest payments daily, while others may do so weekly or monthly.
4. Earn APY on Your Investments
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

Platform	Cryptocurrency	Price
YouHodler	Mantle (MNT)	0.98
Coinbase	Mantle (MNT)	0.98
Kraken	Mantle (MNT)	0.98
Uphold	Mantle (MNT)	0.68
Bake	Mantle (MNT)	0.98
BingX	Mantle (MNT)	0.98

Platform	Cryptocurrency	APY
YouHodler	Mantle (MNT)	Up to 30% APY
MEXC Global	Mantle (MNT)	Up to 500% APY

What to Consider in the UAE Market

Lending your cryptocurrency can carry certain risks. It’s essential to conduct thorough research before depositing your cryptocurrency. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.