Cómo prestar MultiversX (EGLD)

Introduction

Lending MultiversX can be an excellent choice for those looking to hold EGLD 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 MultiversX (EGLD) Tokens

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

   Plataforma	Cripto	Price
   PrimeXBT	MultiversX (EGLD)	6,19 APY
   YouHodler	MultiversX (EGLD)	6,2 APY
   Binance	MultiversX (EGLD)	6,2 APY
   BTSE	MultiversX (EGLD)	6,2 APY
   Coinbase	MultiversX (EGLD)	6,18 APY
   Kraken	MultiversX (EGLD)	6,2 APY

   Consulta todos los 53 precios

2. 2. Select a MultiversX Lender

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

   Plataforma	Cripto	APY
   YouHodler	MultiversX (EGLD)	Hasta 16% APY
   Bitget	MultiversX (EGLD)	Hasta 0,3% APY
   Kucoin	MultiversX (EGLD)	Hasta 6% APY

   Lending APY

3. 3. Lend Your MultiversX

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