Cómo prestar Frax Share (FXS)

Introduction

Lending Frax Share can be an excellent choice for those looking to hold FXS 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 Frax Share (FXS) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Frax Share (FXS)	2,79 APY
   Uphold	Frax Share (FXS)	3,04 APY
   Kraken	Frax Share (FXS)	2,73 APY
   OKX	Frax Share (FXS)	2,72 APY
   Binance	Frax Share (FXS)	2,72 APY
   BingX	Frax Share (FXS)	2,72 APY

   Consulta todos los 44 precios

2. 2. Select a Frax Share Lender

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

   Plataforma	Cripto	APY
   Aave	Frax Share (FXS)	Hasta 0% APY
   Kucoin	Frax Share (FXS)	Hasta 0,5% APY

   Lending APY

3. 3. Lend Your Frax Share

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