Introduction

Lending ICON can be an excellent choice for those looking to hold ICX 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 ICON (ICX) Tokens

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

   Plataforma	Cripto	Price
   Binance	ICON (ICX)	0,05 APY
   OKX	ICON (ICX)	0,11 APY
   Uphold	ICON (ICX)	0,11 APY
   BingX	ICON (ICX)	0,05 APY
   Bitget	ICON (ICX)	0,05 APY
   Bitpanda	ICON (ICX)	0,21 APY

   Consulta todos los 27 precios

2. 2. Select a ICON Lender

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

3. 3. Lend Your ICON

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