How to Lend Eigenlayer (EIGEN)

Introduction

Lending Eigenlayer can be an excellent choice for those looking to hold EIGEN 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 Eigenlayer (EIGEN) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	Eigenlayer (EIGEN)	1,35 APY
   Binance	Eigenlayer (EIGEN)	1,35 APY
   BTSE	Eigenlayer (EIGEN)	1,35 APY
   Coinbase	Eigenlayer (EIGEN)	1,35 APY
   Kraken	Eigenlayer (EIGEN)	1,35 APY
   OKX	Eigenlayer (EIGEN)	1,32 APY

   Check out all 52 prices

2. 2. Select a Eigenlayer Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   YouHodler	Eigenlayer (EIGEN)	Up to 30% APY
   Kucoin	Eigenlayer (EIGEN)	Up to 3,45% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Eigenlayer in Italy

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