Where and How to Earn Chainlink (LINK)

Introduction

Lending Chainlink can be an excellent choice for those looking to hold LINK 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. 1. Acquire Chainlink (LINK) Tokens

   To lend Chainlink, you must first possess it. To acquire Chainlink, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	Chainlink (LINK)	13,46 APY
   PrimeXBT	Chainlink (LINK)	13,42 APY
   YouHodler	Chainlink (LINK)	13,41 APY
   Binance	Chainlink (LINK)	13,42 APY
   BTSE	Chainlink (LINK)	13,43 APY

   Check out all 73 prices

2. 2. Select a Chainlink Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Nexo	Chainlink (LINK)	Up to 7% APY
   EarnPark	Chainlink (LINK)	Up to 5% APY
   YouHodler	Chainlink (LINK)	Up to 12% APY
   Aave	Chainlink (LINK)	Up to 0,03% APY

   Discover all 19 lending APY rates

3. 3. Earn Chainlink in Italy and take advantage of competitive APY rates offered by various providers

   Once you've selected a platform to earn your Chainlink, transfer your Chainlink 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. 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