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Introduction

Lending Ethena can be an excellent choice for those looking to hold ENA 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 Ethena (ENA) Tokens

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

   Plataforma	Cripto	Price
   PrimeXBT	Ethena (ENA)	0,2 APY
   YouHodler	Ethena (ENA)	0,2 APY
   Binance	Ethena (ENA)	0,2 APY
   BTSE	Ethena (ENA)	0,2 APY
   Coinbase	Ethena (ENA)	0,2 APY
   Kraken	Ethena (ENA)	0,2 APY

   Consulta todos los 55 precios

2. 2. Select a Ethena Lender

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

   Plataforma	Cripto	APY
   YouHodler	Ethena (ENA)	Hasta 16% APY
   Blockchain.com	Ethena (ENA)	Hasta 12% APY
   Kucoin	Ethena (ENA)	Hasta 0,5% APY

   Lending APY

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

   Once you've selected a platform to earn your Ethena, transfer your Ethena 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