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Introduction

Lending THORChain can be an excellent choice for those looking to hold RUNE 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 THORChain (RUNE) Tokens

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

   Plataforma	Cripto	Price
   Nexo	THORChain (RUNE)	0,57 APY
   PrimeXBT	THORChain (RUNE)	0,57 APY
   Binance	THORChain (RUNE)	0,57 APY
   Coinbase	THORChain (RUNE)	5,44 APY
   Kraken	THORChain (RUNE)	0,57 APY
   Uphold	THORChain (RUNE)	1,17 APY

   Consulta todos los 40 precios

2. 2. Select a THORChain Lender

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

   Plataforma	Cripto	APY
   Kucoin	THORChain (RUNE)	Hasta 0,5% APY

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

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