Cómo prestar Polkadot (DOT)

Introduction

Lending Polkadot can be an excellent choice for those looking to hold DOT 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 Polkadot (DOT) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Polkadot (DOT)	2,15 APY
   PrimeXBT	Polkadot (DOT)	2,14 APY
   EarnPark	Polkadot (DOT)	2,15 APY
   YouHodler	Polkadot (DOT)	2,14 APY
   Binance	Polkadot (DOT)	2,14 APY
   BTSE	Polkadot (DOT)	2,14 APY

   Consulta todos los 67 precios

2. 2. Select a Polkadot Lender

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

   Plataforma	Cripto	APY
   Nexo	Polkadot (DOT)	Hasta 15% APY
   EarnPark	Polkadot (DOT)	Hasta 5,5% APY
   YouHodler	Polkadot (DOT)	Hasta 16% APY
   Bitget	Polkadot (DOT)	Hasta 8,6% APY
   Blockchain.com	Polkadot (DOT)	Hasta 5% APY

   Lending APY

3. 3. Lend Your Polkadot

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