How to Lend Brazilian Digital (BRZ)

Introduction

Lending Brazilian Digital can be an excellent choice for those looking to hold BRZ 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 Brazilian Digital (BRZ) Tokens

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

   Piattaforma	Criptovaluta	Value
   Wirex	Brazilian Digital (BRZ)	0,2 APY

2. 2. Select a Brazilian Digital Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Wirex	Brazilian Digital (BRZ)	Up to 16% APY

3. 3. Lend Your Brazilian Digital in Italy

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