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Introduction

Lending Shiba Inu can be an excellent choice for those looking to hold SHIB 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 Shiba Inu (SHIB) Tokens

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

   Plataforma	Cripto	Price
   YouHodler	Shiba Inu (SHIB)	0,000008438 APY
   Binance	Shiba Inu (SHIB)	0,00000844 APY
   BTSE	Shiba Inu (SHIB)	0,00000846 APY
   OKX	Shiba Inu (SHIB)	0,00001234 APY
   Uphold	Shiba Inu (SHIB)	0,00001307 APY
   Bake	Shiba Inu (SHIB)	0,00000842 APY

   Consulta todos los 42 precios

2. 2. Select a Shiba Inu Lender

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

   Plataforma	Cripto	APY
   YouHodler	Shiba Inu (SHIB)	Hasta 16% APY
   CEX.io	Shiba Inu (SHIB)	Hasta 1% APY

   Lending APY

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

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