How to Lend Reserve Rights (RSR): A Step-by-Step Guide for Spain

Introduction

Lending Reserve Rights can be an excellent choice for those looking to hold RSR 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 Reserve Rights (RSR) Tokens

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

Plataforma	Cripto	Price
PrimeXBT	Reserve Rights (RSR)	0 APY
Binance	Reserve Rights (RSR)	0 APY
BTSE	Reserve Rights (RSR)	0 APY
Coinbase	Reserve Rights (RSR)	0 APY
Kraken	Reserve Rights (RSR)	0 APY
OKX	Reserve Rights (RSR)	0,01 APY

Consulta todos los 49 precios

2. Select a Reserve Rights Lender
Once you have RSR, you'll need to select a Reserve Rights lending platform to lend your tokens. You can explore some options here.
Plataforma Cripto APY
Kucoin Reserve Rights (RSR) Hasta 0,5% APY
3. Lend Your Reserve Rights
Once you've selected a platform to lend your Reserve Rights, transfer your Reserve Rights 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.