Earn up to
12% APY on your investments.
An in-depth guide on how to lend Synthetix Network (SNX) in Spain
We have a wealth of information on lending Synthetix Network (SNX) 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.
Synthetix Network (SNX) is currently priced at US$0.23 with a 24-hour trading volume of US$38.11M. The market cap of Synthetix Network stands at US$614.86M, with 339,47M SNX in circulation. For those looking to buy or trade Synthetix Network, YouHodler offers avenues to do so securely and efficiently
Lending Synthetix Network can be an excellent choice for those looking to hold SNX 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 Synthetix Network, you first need to possess it. To acquire Synthetix Network, you'll have to buy it. You can select from these popular exchanges available in Spain.
| Plataforma | Cripto | Price |
|---|---|---|
| Nexo | Synthetix Network (SNX) | 0,47 APY |
| PrimeXBT | Synthetix Network (SNX) | 0,47 APY |
| YouHodler | Synthetix Network (SNX) | 0,47 APY |
| Binance | Synthetix Network (SNX) | 0,47 APY |
| BTSE | Synthetix Network (SNX) | 0,47 APY |
| Coinbase | Synthetix Network (SNX) | 0,47 APY |
Once you have SNX, you'll need to select a Synthetix Network lending platform to lend your tokens. You can explore some options here.
| Plataforma | Cripto | APY |
|---|---|---|
| YouHodler | Synthetix Network (SNX) | Hasta 12% APY |
| Aave | Synthetix Network (SNX) | Hasta 0,23% APY |
| Bitget | Synthetix Network (SNX) | Hasta 1,5% APY |
| Blockchain.com | Synthetix Network (SNX) | Hasta 15% APY |
Once you've selected a platform to lend your Synthetix Network, transfer your Synthetix Network 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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