How to Lend 1inch (1INCH)

Introduction

Lending 1inch can be an excellent choice for those looking to hold 1INCH 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 1inch (1INCH) Tokens

   To lend 1inch, you must first possess it. To acquire 1inch, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Nexo	1inch (1INCH)	0,27 APY
   PrimeXBT	1inch (1INCH)	0,27 APY
   YouHodler	1inch (1INCH)	0,27 APY
   Uphold	1inch (1INCH)	0,22 APY
   Kraken	1inch (1INCH)	0,27 APY
   OKX	1inch (1INCH)	0,25 APY

   Check out all 61 prices

2. 2. Select a 1inch Lender in Italy

   Once you have 1INCH, you'll need to select a 1inch lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Nebeus	1inch (1INCH)	Up to 13% APY
   YouHodler	1inch (1INCH)	Up to 12% APY
   Aave	1inch (1INCH)	Up to 0,09% APY

   Discover all 9 lending APY rates

3. 3. Lend Your 1inch in Italy

   Once you've selected a platform to lend your 1inch, transfer your 1inch into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. 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 higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks