Introduction

Lending ICON can be an excellent choice for those looking to hold ICX 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 ICON (ICX) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	ICON (ICX)	0,05 APY
   OKX	ICON (ICX)	0,11 APY
   Uphold	ICON (ICX)	0,11 APY
   BingX	ICON (ICX)	0,05 APY
   Bitget	ICON (ICX)	0,05 APY
   Bitpanda	ICON (ICX)	0,21 APY

   Check out all 27 prices

2. 2. Select a ICON Lender in Italy

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

3. 3. Lend Your ICON in Italy

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