How to Lend Chiliz (CHZ): A Step-by-Step Guide for German Investors

Introduction

Lending Chiliz can be an excellent choice for those looking to hold CHZ 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. Acquire Chiliz (CHZ) Tokens
To lend Chiliz, you first need to possess it. To acquire Chiliz, you'll have to buy it. You can select from these well-known exchanges.
Plattform Kryptowährung Price
Nexo Chiliz (CHZ) 0,04 APY
PrimeXBT Chiliz (CHZ) 0,04 APY
Binance Chiliz (CHZ) 0,04 APY
BTSE Chiliz (CHZ) 0,04 APY
Coinbase Chiliz (CHZ) 0,04 APY
Kraken Chiliz (CHZ) 0,04 APY
View all 68 prices
2. Select a Chiliz provider
Once you have CHZ, you'll need to select a Chiliz lending platform to lend your tokens. You can explore some options here.
Plattform Kryptowährung APY
Blockchain.com Chiliz (CHZ) Up to 1 % APY
View all 6 lending APY rates
3. Lend Your Chiliz in Germany
Once you've selected a platform to lend your Chiliz, transfer your Chiliz into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

Plattform	Kryptowährung	Price
Nexo	Chiliz (CHZ)	0,04 APY
PrimeXBT	Chiliz (CHZ)	0,04 APY
Binance	Chiliz (CHZ)	0,04 APY
BTSE	Chiliz (CHZ)	0,04 APY
Coinbase	Chiliz (CHZ)	0,04 APY
Kraken	Chiliz (CHZ)	0,04 APY

Plattform	Kryptowährung	APY
Blockchain.com	Chiliz (CHZ)	Up to 1 % APY

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.