Introduction
Lending Dymension can be an excellent choice for those looking to hold DYM 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 Dymension (DYM) Tokens
To lend Dymension, you must first possess it. To acquire Dymension, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 36 pricesPiattaforma Criptovaluta Value PrimeXBT Dymension (DYM) 0,12 APY Binance Dymension (DYM) 0,12 APY Kraken Dymension (DYM) 0,12 APY BingX Dymension (DYM) 0,12 APY Bitfinex Dymension (DYM) 0,12 APY Bitget Dymension (DYM) 0,12 APY 2. Select a Dymension Lender in Italy
Once you have DYM, you'll need to select a Dymension lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY Kucoin Dymension (DYM) Up to 0,5% APY 3. Earn Dymension in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Dymension, transfer your Dymension 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
Dymension (DYM) is currently priced at US$0.5 with a 24-hour trading volume of US$13.62M. The market cap of Dymension stands at US$264.48M, with 222,09M DYM in circulation. For those looking to buy or trade Dymension, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- US$264.48M
- 24h volume in the Italian market
- US$13.62M
- Circulating supply
- 222,09M DYM