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Introduction

Lending Solana can be an excellent choice for those looking to hold SOL 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 Solana (SOL) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Solana (SOL)	136,49 APY
   PrimeXBT	Solana (SOL)	136,02 APY
   EarnPark	Solana (SOL)	136,64 APY
   YouHodler	Solana (SOL)	136,12 APY
   Binance	Solana (SOL)	136,2 APY
   BTSE	Solana (SOL)	135,96 APY

   Consulta todos los 84 precios

2. 2. Select a Solana Lender

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

   Plataforma	Cripto	APY
   Nexo	Solana (SOL)	Hasta 8% APY
   EarnPark	Solana (SOL)	Hasta 7% APY
   YouHodler	Solana (SOL)	Hasta 12% APY
   Bitget	Solana (SOL)	Hasta 3,8% APY
   Blockchain.com	Solana (SOL)	Hasta 5% APY

   Lending APY

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

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