Introduction

Lending Acala can be an excellent choice for those looking to hold ACA 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 Acala (ACA) Tokens

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

   Plataforma	Cripto	Price
   Binance	Acala (ACA)	0,01 APY
   Kraken	Acala (ACA)	0,01 APY
   OKX	Acala (ACA)	0,04 APY
   BingX	Acala (ACA)	0,01 APY
   Bitget	Acala (ACA)	0,01 APY
   Bitmart	Acala (ACA)	0,03 APY

   Consulta todos los 26 precios

2. 2. Select a Acala Lender

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

3. 3. Lend Your Acala

   Once you've selected a platform to lend your Acala, transfer your Acala into your wallet on the lending platform. Once it's deposited, it will begin to earn 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 lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky