Where and How to Earn Nimiq (NIM)

Introduction

Lending Nimiq can be an excellent choice for those looking to hold NIM 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 Nimiq (NIM) Tokens

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

   Piattaforma	Criptovaluta	Value
   CoinEx	Nimiq (NIM)	0,0005968 APY
   Gate.io	Nimiq (NIM)	0,0005967 APY
   HTX	Nimiq (NIM)	0 APY
   MEXC Global	Nimiq (NIM)	0,000597 APY

   Check out all 8 prices

2. 2. Select a Nimiq Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Nimiq (NIM)	Up to 16% APY

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

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