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Lending ULTRA can be an excellent choice for those looking to hold ultra 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.
To lend ULTRA, you must first possess it. To acquire ULTRA, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| Uphold | ULTRA (ultra) | 0,05 APY |
| BingX | ULTRA (ultra) | 0,01 APY |
| Bitfinex | ULTRA (ultra) | 0,01 APY |
| CoinEx | ULTRA (ultra) | 0,01 APY |
| Gate.io | ULTRA (ultra) | 0,01 APY |
| HTX | ULTRA (ultra) | 0,01 APY |
Once you have ultra, you'll need to select a ULTRA lending platform to lend your tokens. You can explore some options here.
| Piattaforma | Criptovaluta | APY |
|---|---|---|
| Kucoin | ULTRA (ultra) | Up to 0,04% APY |
Once you've selected a platform to earn your ULTRA, transfer your ULTRA 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.
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.
Lending your cryptocurrency can involve significant risks
