Where and How to Earn Nimiq (NIM)

Introduction

Lending Nimiq can be an excellent choice for those looking to hold NIM while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Nimiq (NIM) Tokens

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

   Plattform	Kryptowährung	Price
   CoinEx	Nimiq (NIM)	0,0006987 APY
   Gate.io	Nimiq (NIM)	0,0006987 APY
   HTX	Nimiq (NIM)	0 APY
   MEXC Global	Nimiq (NIM)	0,0007 APY

   View all 8 prices

2. 2. Select a Nimiq provider

   Once you have NIM, you'll need to select a Nimiq lending platform to lend your tokens. You can explore some options here.

   Plattform	Kryptowährung	APY
   Kucoin	Nimiq (NIM)	Up to 16 % APY

3. 3. Earn Nimiq in Germany's evolving financial landscape

   Once you've selected a platform to earn your Nimiq, transfer your Nimiq into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Make sure your earning platform pays compound interest to maximize your returns.

What to Consider

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.