Where and How to Earn Frax Share (FXS)

Introduction

Lending Frax Share can be an excellent choice for those looking to hold FXS 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 Frax Share (FXS) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Frax Share (FXS)	0,89 APY
   Binance	Frax Share (FXS)	0,89 APY
   Kraken	Frax Share (FXS)	0,89 APY
   OKX	Frax Share (FXS)	0,66 APY
   Uphold	Frax Share (FXS)	3,04 APY
   BingX	Frax Share (FXS)	0,77 APY

   Check out all 45 prices

2. 2. Select a Frax Share Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Aave	Frax Share (FXS)	Up to 0% APY
   Kucoin	Frax Share (FXS)	Up to 0,5% APY

   Discover all 4 lending APY rates

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

   Once you've selected a platform to earn your Frax Share, transfer your Frax Share 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