How to Lend Chia (XCH): A Step-by-Step Guide for Spain

Introduction

Lending Chia can be an excellent choice for those looking to hold XCH 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. Acquire Chia (XCH) Tokens
To lend Chia, you first need to possess it. To acquire Chia, you'll have to buy it. You can select from these popular exchanges available in Spain.
Plataforma Cripto Price
OKX Chia (XCH) 12,49 APY
Uphold Chia (XCH) 13,34 APY
BingX Chia (XCH) 4,86 APY
Bitmart Chia (XCH) 4,87 APY
Bitpanda Chia (XCH) 23,73 APY
Bybit Chia (XCH) 4,88 APY
Consulta todos los 26 precios
2. Select a Chia Lender
Once you have XCH, you'll need to select a Chia lending platform to lend your tokens. You can explore some options here.
3. Lend Your Chia
Once you've selected a platform to lend your Chia, transfer your Chia 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. 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.