How to Lend Decentraland (MANA)

Introduction

Lending Decentraland can be an excellent choice for those looking to hold MANA 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 Decentraland (MANA) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Decentraland (MANA)	0,12 APY
   PrimeXBT	Decentraland (MANA)	0,12 APY
   YouHodler	Decentraland (MANA)	0,12 APY
   Binance	Decentraland (MANA)	0,12 APY
   BTSE	Decentraland (MANA)	0,12 APY
   OKX	Decentraland (MANA)	0,23 APY

   Check out all 51 prices

2. 2. Select a Decentraland Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   YouHodler	Decentraland (MANA)	Up to 12% APY
   Gemini	Decentraland (MANA)	Up to 0,01% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Decentraland in Italy

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