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Introduction

Lending Fantom can be an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Fantom (FTM)	0,47 APY
   PrimeXBT	Fantom (FTM)	0,68 APY
   YouHodler	Fantom (FTM)	0,7 APY
   Binance	Fantom (FTM)	0,7 APY
   BTSE	Fantom (FTM)	0,64 APY
   Coinbase	Fantom (FTM)	1 APY

   Consulta todos los 43 precios

2. 2. Select a Fantom Lender

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

   Plataforma	Cripto	APY
   Nexo	Fantom (FTM)	Hasta 7% APY
   Nebeus	Fantom (FTM)	Hasta 13% APY
   YouHodler	Fantom (FTM)	Hasta 30% APY

   Lending APY

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

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