How to Lend Dymension (DYM)

Introduction

Lending Dymension can be an excellent choice for those looking to hold DYM 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 Dymension (DYM) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Dymension (DYM)	0,12 APY
   Binance	Dymension (DYM)	0,12 APY
   Kraken	Dymension (DYM)	0,12 APY
   BingX	Dymension (DYM)	0,12 APY
   Bitfinex	Dymension (DYM)	0,12 APY
   Bitget	Dymension (DYM)	0,12 APY

   Check out all 36 prices

2. 2. Select a Dymension Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Dymension (DYM)	Up to 0,5% APY

3. 3. Lend Your Dymension in Italy

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