Introduction
Lending Fantom can be an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens
To lend Fantom, you must first possess it. To acquire Fantom, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 43 pricesPiattaforma Criptovaluta Value Nexo Fantom (FTM) 0,47 APY PrimeXBT Fantom (FTM) 0,68 APY YouHodler Fantom (FTM) 0,7 APY Binance Fantom (FTM) 0,7 APY BTSE Fantom (FTM) 0,64 APY Coinbase Fantom (FTM) 1 APY 2. Select a Fantom Lender in Italy
Once you have FTM, you'll need to select a Fantom lending platform to lend your tokens. You can explore some options here.
Discover all 6 lending APY ratesPiattaforma Criptovaluta APY Nexo Fantom (FTM) Up to 7% APY Nebeus Fantom (FTM) Up to 13% APY YouHodler Fantom (FTM) Up to 30% APY 3. Earn Fantom in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Fantom, transfer your Fantom 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
Fantom (FTM) is currently priced at US$30 with a 24-hour trading volume of US$213.48M. The market cap of Fantom stands at US$1.82B, with 2,8B FTM in circulation. For those looking to buy or trade Fantom, Nexo offers avenues to do so securely and efficiently
- Market capitalization
- US$1.82B
- 24h volume in the Italian market
- US$213.48M
- Circulating supply
- 2,8B FTM
