Introduction

Lending BENQI can be an excellent choice for those looking to hold QI 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 BENQI (QI) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	BENQI (QI)	0.01 APY
   Kraken	BENQI (QI)	0.01 APY
   Uphold	BENQI (QI)	0.01 APY
   BingX	BENQI (QI)	0.01 APY
   Bitmart	BENQI (QI)	0.01 APY
   Bitpanda	BENQI (QI)	0.02 APY

   Check out all 23 prices

2. 2. Select a BENQI Lender in Italy

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

3. 3. Lend Your BENQI in Italy

   Once you've selected a platform to lend your BENQI, transfer your BENQI 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