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Introduction

Lending Wormhole can be an excellent choice for those looking to hold W 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 Wormhole (W) Tokens

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

   Plataforma	Cripto	Price
   PrimeXBT	Wormhole (W)	0,03 APY
   YouHodler	Wormhole (W)	0,03 APY
   Binance	Wormhole (W)	0,03 APY
   BTSE	Wormhole (W)	0,03 APY
   Coinbase	Wormhole (W)	0,03 APY
   OKX	Wormhole (W)	0,08 APY

   Consulta todos los 44 precios

2. 2. Select a Wormhole Lender

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

   Plataforma	Cripto	APY
   YouHodler	Wormhole (W)	Hasta 16% APY
   Bitget	Wormhole (W)	Hasta 0,8% APY
   Kucoin	Wormhole (W)	Hasta 0,5% APY

   Lending APY

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

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