Where and How to Earn Cardano (ADA)

Introduction

Lending Cardano can be an excellent choice for those looking to hold ADA while generating yield. The process might 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 Spain 1

1. 1. Acquire Cardano (ADA) Tokens

   To lend Cardano, you first need to possess it. To acquire Cardano, you'll have to buy it. You can select from these popular exchanges available in Spain.

   Plataforma	Cripto	Price
   Nexo	Cardano (ADA)	0,39 APY
   PrimeXBT	Cardano (ADA)	0,39 APY
   YouHodler	Cardano (ADA)	0,39 APY
   Binance	Cardano (ADA)	0,39 APY
   BTSE	Cardano (ADA)	0,39 APY
   Coinbase	Cardano (ADA)	0,39 APY

   Consulta todos los 73 precios

2. 2. Select a Cardano Lender

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

   Plataforma	Cripto	APY
   Nexo	Cardano (ADA)	Hasta 8% APY
   YouHodler	Cardano (ADA)	Hasta 12% APY
   Bitget	Cardano (ADA)	Hasta 1,8% APY
   Blockchain.com	Cardano (ADA)	Hasta 1% APY

   Lending APY

3. 3. Earn Cardano with competitive APY rates that can help you grow your investment

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

4. 4. Generate Earnings

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your earning platform pays compounding APY to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky