Introduction
Lending Decentraland can be an excellent choice for those looking to hold MANA 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 Decentraland (MANA) Tokens
To lend Decentraland, you must first possess it. To acquire Decentraland, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 51 pricesPiattaforma Criptovaluta Value Nexo Decentraland (MANA) 0,12 APY PrimeXBT Decentraland (MANA) 0,12 APY YouHodler Decentraland (MANA) 0,12 APY Binance Decentraland (MANA) 0,12 APY BTSE Decentraland (MANA) 0,12 APY OKX Decentraland (MANA) 0,23 APY 2. Select a Decentraland Lender in Italy
Once you have MANA, you'll need to select a Decentraland lending platform to lend your tokens. You can explore some options here.
Discover all 4 lending APY ratesPiattaforma Criptovaluta APY YouHodler Decentraland (MANA) Up to 12% APY Gemini Decentraland (MANA) Up to 0,01% APY 3. Earn Decentraland in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Decentraland, transfer your Decentraland 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$916.82M
- 24h volume in the Italian market
- US$82.37M
- Circulating supply
- 1,87B MANA
