How to Lend Ethereum Name Service (ENS)

Introduction

Lending Ethereum Name Service can be an excellent choice for those looking to hold ENS 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 Ethereum Name Service (ENS) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Ethereum Name Service (ENS)	9,46 APY
   Binance	Ethereum Name Service (ENS)	9,47 APY
   BTSE	Ethereum Name Service (ENS)	9,47 APY
   Coinbase	Ethereum Name Service (ENS)	9,46 APY
   Kraken	Ethereum Name Service (ENS)	9,48 APY
   OKX	Ethereum Name Service (ENS)	24,74 APY

   Check out all 62 prices

2. 2. Select a Ethereum Name Service Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Aave	Ethereum Name Service (ENS)	Up to 0,02% APY
   Kucoin	Ethereum Name Service (ENS)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Ethereum Name Service in Italy

   Once you've selected a platform to lend your Ethereum Name Service, transfer your Ethereum Name Service 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