How to Lend Bancor Network (BNT): A Comprehensive Guide for Italian Investors

Introduction

Lending Bancor Network can be an excellent choice for those looking to hold BNT 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 Bancor Network (BNT) Tokens

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

Piattaforma	Criptovaluta	Value
YouHodler	Bancor Network (BNT)	0,4 APY
Binance	Bancor Network (BNT)	0,4 APY
BTSE	Bancor Network (BNT)	0,4 APY
Coinbase	Bancor Network (BNT)	0,4 APY
Kraken	Bancor Network (BNT)	0,4 APY
OKX	Bancor Network (BNT)	0,39 APY

Check out all 52 prices

2. Select a Bancor Network Lender in Italy
Once you have BNT, you'll need to select a Bancor Network lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
YouHodler Bancor Network (BNT) Up to 12% APY
Gemini Bancor Network (BNT) Up to 0,01% APY
Discover all 4 lending APY rates
3. Lend Your Bancor Network in Italy
Once you've selected a platform to lend your Bancor Network, transfer your Bancor Network 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. 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.