How to Lend Ethereum (ETH): A Comprehensive Guide for Italian Investors

Introduction

Lending Ethereum can be an excellent choice for those looking to hold ETH 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. Acquire Ethereum (ETH) Tokens

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

Piattaforma	Criptovaluta	Value
Nexo	Ethereum (ETH)	2.947,44 APY
PrimeXBT	Ethereum (ETH)	2.946,09 APY
EarnPark	Ethereum (ETH)	2.945,99 APY
YouHodler	Ethereum (ETH)	2.945,1 APY
Binance	Ethereum (ETH)	2.945,9 APY
BTSE	Ethereum (ETH)	2.946,63 APY

Check out all 82 prices

2. Select a Ethereum Lender in Italy

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

Piattaforma	Criptovaluta	APY
Nexo	Ethereum (ETH)	Up to 8% APY
Nebeus	Ethereum (ETH)	Up to 4,5% APY
EarnPark	Ethereum (ETH)	Up to 5% APY
YouHodler	Ethereum (ETH)	Up to 12% APY
Aave	Ethereum (ETH)	Up to 0,42% APY
AQRU	Ethereum (ETH)	Up to 3% APY

Discover all 30 lending APY rates

3. Lend Your Ethereum in Italy
Once you've selected a platform to lend your Ethereum, transfer your Ethereum 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. 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.