Cómo prestar Compound (COMP)

Introduction

Lending Compound can be an excellent choice for those looking to hold COMP 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 Compound (COMP) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Compound (COMP)	24,74 APY
   PrimeXBT	Compound (COMP)	24,55 APY
   YouHodler	Compound (COMP)	24,62 APY
   Binance	Compound (COMP)	24,62 APY
   BTSE	Compound (COMP)	24,66 APY
   Coinbase	Compound (COMP)	24,62 APY

   Consulta todos los 76 precios

2. 2. Select a Compound Lender

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

   Plataforma	Cripto	APY
   YouHodler	Compound (COMP)	Hasta 12% APY
   Blockchain.com	Compound (COMP)	Hasta 1% APY
   CEX.io	Compound (COMP)	Hasta 1,5% APY

   Lending APY

3. 3. Lend Your Compound

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