Cómo prestar Sonic (prev. FTM) (S)

Introduction

Lending Sonic (prev. FTM) can be an excellent choice for those looking to hold S 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 Sonic (prev. FTM) (S) Tokens

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

   Plataforma	Cripto	Price
   Nexo	Sonic (prev. FTM) (S)	0,07 APY
   PrimeXBT	Sonic (prev. FTM) (S)	0,07 APY
   YouHodler	Sonic (prev. FTM) (S)	0,07 APY
   Binance	Sonic (prev. FTM) (S)	0,07 APY
   Coinbase	Sonic (prev. FTM) (S)	0,07 APY
   Kraken	Sonic (prev. FTM) (S)	0,07 APY

   Consulta todos los 41 precios

2. 2. Select a Sonic (prev. FTM) Lender

   Once you have S, you'll need to select a Sonic (prev. FTM) lending platform to lend your tokens. You can explore some options here.

   Plataforma	Cripto	APY
   YouHodler	Sonic (prev. FTM) (S)	Hasta 30% APY
   Kucoin	Sonic (prev. FTM) (S)	Hasta 4,5% APY

3. 3. Lend Your Sonic (prev. FTM)

   Once you've selected a platform to lend your Sonic (prev. FTM), transfer your Sonic (prev. FTM) 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