Cómo prestar UMA (UMA)

Introduction

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

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

   Plataforma	Cripto	Price
   Binance	UMA (UMA)	1.52 APY
   Coinbase	UMA (UMA)	1.52 APY
   Kraken	UMA (UMA)	1.52 APY
   OKX	UMA (UMA)	1.4 APY
   Uphold	UMA (UMA)	1.23 APY
   Azbit	UMA (UMA)	1.51 APY

   Consulta todos los 55 precios

2. 2. Select a UMA Lender

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

   Plataforma	Cripto	APY
   Gemini	UMA (UMA)	Hasta 0.01% APY
   Kucoin	UMA (UMA)	Hasta 0.5% APY

   Lending APY

3. 3. Lend Your UMA

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