Introduction

Lending IoTeX can be an excellent choice for those looking to hold IOTX 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 IoTeX (IOTX) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	IoTeX (IOTX)	0,01 APY
   BTSE	IoTeX (IOTX)	0,01 APY
   Coinbase	IoTeX (IOTX)	0,01 APY
   BingX	IoTeX (IOTX)	0,01 APY
   Bitget	IoTeX (IOTX)	0,01 APY
   Bitmart	IoTeX (IOTX)	0,01 APY

   Check out all 35 prices

2. 2. Select a IoTeX Lender in Italy

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

3. 3. Lend Your IoTeX in Italy

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