How to Lend Conflux (CFX)

Introduction

Lending Conflux can be an excellent choice for those looking to hold CFX 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 Conflux (CFX) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Conflux (CFX)	0,07 APY
   Binance	Conflux (CFX)	0,07 APY
   OKX	Conflux (CFX)	0,09 APY
   BingX	Conflux (CFX)	0,07 APY
   Bitget	Conflux (CFX)	0,07 APY
   Bitmart	Conflux (CFX)	0,07 APY

   Check out all 37 prices

2. 2. Select a Conflux Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Bitget	Conflux (CFX)	Up to 1% APY
   Kucoin	Conflux (CFX)	Up to 11% APY

3. 3. Lend Your Conflux in Italy

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