Introduction
Lending Euro can be an excellent choice for those looking to hold EUR 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 Euro (EUR) Tokens
To lend Euro, you first need to possess it. To acquire Euro, you'll have to buy it. You can select from these popular exchanges available in Spain.
Consulta todos los 22 preciosPlataforma Cripto Price YouHodler Euro (EUR) 1,17 APY Binance Euro (EUR) 1,17 APY Kraken Euro (EUR) 1,17 APY Uphold Euro (EUR) 1,14 APY Bake Euro (EUR) 1,17 APY BingX Euro (EUR) 1,16 APY 2. Select a Euro Lender
Once you have EUR, you'll need to select a Euro lending platform to lend your tokens. You can explore some options here.
3. Lend Your Euro
Once you've selected a platform to lend your Euro, transfer your Euro 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.
What to Keep in Mind
Lending your crypto can be risky
