Introduction
Lending Polygon can be an excellent choice for those looking to hold MATIC 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 Polygon (MATIC) Tokens
To lend Polygon, you must first possess it. To acquire Polygon, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 22 pricesPiattaforma Criptovaluta Value Coinbase Polygon (MATIC) 0.24 APY Kraken Polygon (MATIC) 0.23 APY Luno Polygon (MATIC) 0.6 APY BingX Polygon (MATIC) 0.37 APY Bitfinex Polygon (MATIC) 0.22 APY 2. Select a Polygon Lender in Italy
Once you have MATIC, you'll need to select a Polygon lending platform to lend your tokens. You can explore some options here.
Discover all 11 lending APY ratesPiattaforma Criptovaluta APY Nebeus Polygon (MATIC) Up to 13% APY Coinbase Polygon (MATIC) Up to 2.91% APY Gemini Polygon (MATIC) Up to 0.01% APY Kucoin Polygon (MATIC) Up to 5% APY 3. Earn Polygon in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Polygon, transfer your Polygon 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
Polygon (MATIC) is currently priced at $5 with a 24-hour trading volume of $12.19M. The market cap of Polygon stands at $864.06M, with 1.92B MATIC in circulation. For those looking to buy or trade Polygon, Nebeus offers avenues to do so securely and efficiently
- Market capitalization
- $864.06M
- 24h volume in the Italian market
- $12.19M
- Circulating supply
- 1.92B MATIC