Introduction

Lending Klaytn can be an excellent choice for those looking to hold KLAY 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 Klaytn (KLAY) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Klaytn (KLAY)	0,13 APY
   Uphold	Klaytn (KLAY)	0,26 APY
   Kucoin	Klaytn (KLAY)	0,12 APY
   Probit	Klaytn (KLAY)	0,09 APY

   Check out all 5 prices

2. 2. Select a Klaytn Lender in Italy

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

3. 3. Lend Your Klaytn in Italy

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