Where and How to Earn Kusama (KSM)

Introduction

Lending Kusama can be an excellent choice for those looking to hold KSM 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 Kusama (KSM) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Kusama (KSM)	7,38 APY
   Binance	Kusama (KSM)	7,34 APY
   BTSE	Kusama (KSM)	7,38 APY
   Coinbase	Kusama (KSM)	7,35 APY
   Kraken	Kusama (KSM)	7,33 APY
   OKX	Kusama (KSM)	18,08 APY

   Check out all 48 prices

2. 2. Select a Kusama Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Nexo	Kusama (KSM)	Up to 12% APY
   Bitget	Kusama (KSM)	Up to 6% APY
   Kucoin	Kusama (KSM)	Up to 6% APY

   Discover all 4 lending APY rates

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

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