Earn up to
16% APY on your investments.
An in-depth guide on how to lend Nimiq (NIM) in Spain
We have a wealth of information on lending Nimiq (NIM) 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.
Nimiq (NIM) is currently priced at US$16 with a 24-hour trading volume of US$143,830. The market cap of Nimiq stands at US$17M, with 12,7B NIM in circulation. For those looking to buy or trade Nimiq, Kucoin offers avenues to do so securely and efficiently}
Lending Nimiq can be an excellent choice for those looking to hold NIM 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 Nimiq, you first need to possess it. To acquire Nimiq, you'll have to buy it. You can select from these popular exchanges available in Spain.
| Plataforma | Cripto | Price |
|---|---|---|
| CoinEx | Nimiq (NIM) | 0,0005485 APY |
| Gate.io | Nimiq (NIM) | 0,0005546 APY |
| HTX | Nimiq (NIM) | 0 APY |
| MEXC Global | Nimiq (NIM) | 0,000554 APY |
Once you have NIM, you'll need to select a Nimiq lending platform to lend your tokens. You can explore some options here.
| Plataforma | Cripto | APY |
|---|---|---|
| Kucoin | Nimiq (NIM) | Hasta 16% APY |
Once you've selected a platform to lend your Nimiq, transfer your Nimiq 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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