How to Lend Chiliz (CHZ)

Introduction

Lending Chiliz can be an excellent choice for those looking to hold CHZ 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 Chiliz (CHZ) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Chiliz (CHZ)	0,04 APY
   PrimeXBT	Chiliz (CHZ)	0,04 APY
   Binance	Chiliz (CHZ)	0,04 APY
   BTSE	Chiliz (CHZ)	0,04 APY
   Coinbase	Chiliz (CHZ)	0,04 APY
   Kraken	Chiliz (CHZ)	0,04 APY

   Check out all 68 prices

2. 2. Select a Chiliz Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Blockchain.com	Chiliz (CHZ)	Up to 1% APY

   Discover all 6 lending APY rates

3. 3. Lend Your Chiliz in Italy

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