Introduction
Lending NEM can be an excellent choice for those looking to hold XEM 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. Acquire NEM (XEM) Tokens
To lend NEM, you first need to possess it. To acquire NEM, you'll have to buy it. You can select from these popular exchanges available in Spain.
2. Select a NEM Lender
Once you have XEM, you'll need to select a NEM lending platform to lend your tokens. You can explore some options here.
3. Lend Your NEM
Once you've selected a platform to lend your NEM, transfer your NEM 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. 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
Latest Movements in the Market
NEM (XEM) is currently priced at US$0.5 con un volumen de negociación de 24 horas de US$25.36M. La capitalización de mercado de NEM se sitúa en US$240.24M, con 9B XEM en circulación. Para aquellos que buscan comprar o intercambiar NEM, Kucoin ofrece vías para hacerlo de manera segura y eficiente
- Capitalización de mercado
- US$240.24M
- volumen en 24 horas
- US$25.36M
- Oferta circulante
- 9B XEM
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