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Introduction

Lending PancakeSwap can be an excellent choice for those looking to hold CAKE 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 PancakeSwap (CAKE) Tokens

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

   Plataforma	Cripto	Price
   PrimeXBT	PancakeSwap (CAKE)	1,81 APY
   YouHodler	PancakeSwap (CAKE)	1,81 APY
   Binance	PancakeSwap (CAKE)	1,81 APY
   BTSE	PancakeSwap (CAKE)	1,81 APY
   Coinbase	PancakeSwap (CAKE)	1,81 APY
   Kraken	PancakeSwap (CAKE)	1,81 APY

   Consulta todos los 55 precios

2. 2. Select a PancakeSwap Lender

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

   Plataforma	Cripto	APY
   YouHodler	PancakeSwap (CAKE)	Hasta 12% APY
   Aave	PancakeSwap (CAKE)	Hasta 0,11% APY
   Kucoin	PancakeSwap (CAKE)	Hasta 0,46% APY

   Lending APY

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

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