Recent Developments
- Market capitalization
- US$232.5M
- 24h volume in the Italian market
- US$2.81M
- Circulating supply
- 16,56M DCR
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Lending Decred can be an excellent choice for those looking to hold DCR 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.
To lend Decred, you must first possess it. To acquire Decred, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| Binance | Decred (DCR) | 15,8 APY |
| Uphold | Decred (DCR) | 15,2 APY |
| BingX | Decred (DCR) | 16,53 APY |
| Bitpanda | Decred (DCR) | 16,05 APY |
| CoinEx | Decred (DCR) | 15,96 APY |
| FMFW.io | Decred (DCR) | 28,73 APY |
Once you have DCR, you'll need to select a Decred lending platform to lend your tokens. You can explore some options here.
Once you've selected a platform to lend your Decred, transfer your Decred 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.
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.
Lending your cryptocurrency can involve significant risks
