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Introduction

Lending Kusama can be an excellent choice for those looking to hold KSM 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 Kusama (KSM) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Kusama (KSM)	7,38 APY
   Binance	Kusama (KSM)	7,34 APY
   BTSE	Kusama (KSM)	7,38 APY
   Coinbase	Kusama (KSM)	7,35 APY
   Kraken	Kusama (KSM)	7,33 APY
   OKX	Kusama (KSM)	18,08 APY

   Consulta todos los 48 precios

2. 2. Select a Kusama Lender

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

   Plataforma	Cripto	APY
   Nexo	Kusama (KSM)	Hasta 12% APY
   Bitget	Kusama (KSM)	Hasta 6% APY
   Kucoin	Kusama (KSM)	Hasta 6% APY

   Lending APY

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

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