Introduction

Lending Alpaca Finance can be an excellent choice for those looking to hold ALPACA 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 Alpaca Finance (ALPACA) Tokens

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

   Plataforma	Cripto	Price
   Binance	Alpaca Finance (ALPACA)	0,22 APY
   BingX	Alpaca Finance (ALPACA)	0,01 APY
   Bitget	Alpaca Finance (ALPACA)	0,05 APY
   Bitmart	Alpaca Finance (ALPACA)	0,03 APY
   Bybit	Alpaca Finance (ALPACA)	1,09 APY
   CoinEx	Alpaca Finance (ALPACA)	0,02 APY

   Consulta todos los 26 precios

2. 2. Select a Alpaca Finance Lender

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

3. 3. Lend Your Alpaca Finance

   Once you've selected a platform to lend your Alpaca Finance, transfer your Alpaca Finance 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