How to Earn Sonic (prev. FTM) (S): A Step-by-Step Guide for Italians

Introduction

Lending Sonic (prev. FTM) can be an excellent choice for those looking to hold S 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 Sonic (prev. FTM) (S) Tokens

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

Piattaforma	Criptovaluta	Value
Nexo	Sonic (prev. FTM) (S)	0,09 APY
PrimeXBT	Sonic (prev. FTM) (S)	0,09 APY
YouHodler	Sonic (prev. FTM) (S)	0,09 APY
Binance	Sonic (prev. FTM) (S)	0,09 APY
Coinbase	Sonic (prev. FTM) (S)	0,09 APY
Kraken	Sonic (prev. FTM) (S)	0,09 APY

Check out all 41 prices

2. Select a Sonic (prev. FTM) Lender in Italy
Once you have S, you'll need to select a Sonic (prev. FTM) lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
YouHodler Sonic (prev. FTM) (S) Up to 30% APY
Kucoin Sonic (prev. FTM) (S) Up to 4,5% APY
3. Earn Sonic (prev. FTM) in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your Sonic (prev. FTM), transfer your Sonic (prev. FTM) 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.