How to Earn yearn.finance (YFI): A Step-by-Step Guide for Italians

Introduction

Lending yearn.finance can be an excellent choice for those looking to hold YFI 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 yearn.finance (YFI) Tokens

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

Piattaforma	Criptovaluta	Value
Nexo	yearn.finance (YFI)	3.366,24 APY
YouHodler	yearn.finance (YFI)	3.362,32 APY
Binance	yearn.finance (YFI)	3.361 APY
BTSE	yearn.finance (YFI)	3.363,77 APY
Coinbase	yearn.finance (YFI)	3.359,57 APY
Kraken	yearn.finance (YFI)	3.363 APY

Check out all 62 prices

2. Select a yearn.finance Lender in Italy
Once you have YFI, you'll need to select a yearn.finance lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
YouHodler yearn.finance (YFI) Up to 12% APY
Blockchain.com yearn.finance (YFI) Up to 1% APY
Discover all 8 lending APY rates
3. Earn yearn.finance in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your yearn.finance, transfer your yearn.finance 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.