Introduction
Lending Illuvium can be an excellent choice for those looking to hold ILV 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 Illuvium (ILV) Tokens
To lend Illuvium, you must first possess it. To acquire Illuvium, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 45 pricesPiattaforma Criptovaluta Value YouHodler Illuvium (ILV) 15.19 APY Binance Illuvium (ILV) 15.21 APY BTSE Illuvium (ILV) 15.21 APY Coinbase Illuvium (ILV) 15.21 APY OKX Illuvium (ILV) 15.3 APY Uphold Illuvium (ILV) 13.27 APY 2. Select a Illuvium Lender in Italy
Once you have ILV, you'll need to select a Illuvium lending platform to lend your tokens. You can explore some options here.
Discover all 4 lending APY ratesPiattaforma Criptovaluta APY YouHodler Illuvium (ILV) Up to 12% APY Kucoin Illuvium (ILV) Up to 0.5% APY 3. Earn Illuvium in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Illuvium, transfer your Illuvium 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
Illuvium (ILV) is currently priced at $0.5 with a 24-hour trading volume of $30.59M. The market cap of Illuvium stands at $265.65M, with 7.25M ILV in circulation. For those looking to buy or trade Illuvium, YouHodler offers avenues to do so securely and efficiently
- Market capitalization
- $265.65M
- 24h volume in the Italian market
- $30.59M
- Circulating supply
- 7.25M ILV