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Introduction

Lending Gitcoin can be an excellent choice for those looking to hold GTC 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 Gitcoin (GTC) Tokens

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

  2. 2. Select a Gitcoin Lender

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

  3. 3. Lend Your Gitcoin

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

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