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Introduction

Lending Pyth Network can be an excellent choice for those looking to hold PYTH 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 Pyth Network (PYTH) Tokens

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

   Plataforma	Cripto	Price
   PrimeXBT	Pyth Network (PYTH)	0,06 APY
   YouHodler	Pyth Network (PYTH)	0,06 APY
   Binance	Pyth Network (PYTH)	0,06 APY
   BTSE	Pyth Network (PYTH)	0,06 APY
   Coinbase	Pyth Network (PYTH)	0,06 APY
   Kraken	Pyth Network (PYTH)	0,06 APY

   Consulta todos los 59 precios

2. 2. Select a Pyth Network Lender

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

   Plataforma	Cripto	APY
   YouHodler	Pyth Network (PYTH)	Hasta 30% APY
   Kucoin	Pyth Network (PYTH)	Hasta 0,5% APY

   Lending APY

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

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