Earn up to
0,5% APY on your investments.
An in-depth guide on how to lend Monero (XMR) in Spain
We have a wealth of information on lending Monero (XMR) and we are pleased to share some of this with you.
We present you with various lending options featuring different cryptocurrencies that may pique your interest.
Monero (XMR) is currently priced at US$0.3 with a 24-hour trading volume of US$54.79M. The market cap of Monero stands at US$3.55B, with 18,45M XMR in circulation. For those looking to buy or trade Monero, Kucoin offers avenues to do so securely and efficiently
Lending Monero can be an excellent choice for those looking to hold XMR 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.
To lend Monero, you first need to possess it. To acquire Monero, you'll have to buy it. You can select from these popular exchanges available in Spain.
| Plataforma | Cripto | Price |
|---|---|---|
| Binance | Monero (XMR) | 118,7 APY |
| BTSE | Monero (XMR) | 559,9 APY |
| Kraken | Monero (XMR) | 564,19 APY |
| Azbit | Monero (XMR) | 568,18 APY |
| BingX | Monero (XMR) | 161,9 APY |
| Bitfinex | Monero (XMR) | 565,32 APY |
Once you have XMR, you'll need to select a Monero lending platform to lend your tokens. You can explore some options here.
| Plataforma | Cripto | APY |
|---|---|---|
| Kucoin | Monero (XMR) | Hasta 0,3% APY |
Once you've selected a platform to lend your Monero, transfer your Monero 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.
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.
Lending your crypto can be risky
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