How to Lend Fantom (FTM)

Introduction

Lending Fantom can be an excellent choice for those looking to hold FTM 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 Fantom (FTM) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Fantom (FTM)	0,47 APY
   PrimeXBT	Fantom (FTM)	0,68 APY
   YouHodler	Fantom (FTM)	0,7 APY
   Binance	Fantom (FTM)	0,7 APY
   BTSE	Fantom (FTM)	0,64 APY
   Coinbase	Fantom (FTM)	1 APY

   Check out all 43 prices

2. 2. Select a Fantom Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Nexo	Fantom (FTM)	Up to 7% APY
   Nebeus	Fantom (FTM)	Up to 13% APY
   YouHodler	Fantom (FTM)	Up to 30% APY

   Discover all 6 lending APY rates

3. 3. Lend Your Fantom in Italy

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