Introduction
Lending Arbitrum can be an excellent choice for those looking to hold ARB while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.
Step-by-Step Guide for Italian Investors
1. Acquire Arbitrum (ARB) Tokens
To lend Arbitrum, you must first possess it. To acquire Arbitrum, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 58 pricesPiattaforma Criptovaluta Value Nexo Arbitrum (ARB) 0,19 APY EarnPark Arbitrum (ARB) 0,19 APY YouHodler Arbitrum (ARB) 0,19 APY Binance Arbitrum (ARB) 0,19 APY BTSE Arbitrum (ARB) 0,19 APY Coinbase Arbitrum (ARB) 0,19 APY 2. Select a Arbitrum Lender in Italy
Once you have ARB, you'll need to select a Arbitrum lending platform to lend your tokens. You can explore some options here.
Discover all 11 lending APY ratesPiattaforma Criptovaluta APY Nexo Arbitrum (ARB) Up to 6% APY EarnPark Arbitrum (ARB) Up to 7% APY Aave Arbitrum (ARB) Up to 0,71% APY Bitget Arbitrum (ARB) Up to 0,16% APY 3. Earn Arbitrum in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Arbitrum, transfer your Arbitrum into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.
What to Consider in Italy
Lending your cryptocurrency can involve significant risks
Recent Developments
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- Market capitalization
- US$3.15B
- 24h volume in the Italian market
- US$408.73M
- Circulating supply
- 4,21B ARB
