missing en-es translation: how-to.verb.earn.hero.heading

Introduction

Lending SKALE can be an excellent choice for those looking to hold SKL 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 SKALE (SKL) Tokens

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

   Plataforma	Cripto	Price
   Binance	SKALE (SKL)	0,01 APY
   BTSE	SKALE (SKL)	0,01 APY
   Coinbase	SKALE (SKL)	0,01 APY
   OKX	SKALE (SKL)	0,03 APY
   Uphold	SKALE (SKL)	0,02 APY
   Azbit	SKALE (SKL)	0,01 APY

   Consulta todos los 50 precios

2. 2. Select a SKALE Lender

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

   Plataforma	Cripto	APY
   Bitget	SKALE (SKL)	Hasta 1% APY
   Gemini	SKALE (SKL)	Hasta 0,01% APY
   Kucoin	SKALE (SKL)	Hasta 0,5% APY

   Lending APY

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

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