How to Lend Neon (NEON)

Introduction

Lending Neon can be an excellent choice for those looking to hold NEON 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 Neon (NEON) Tokens

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

   Piattaforma	Criptovaluta	Value
   Coinbase	Neon (NEON)	0,06 APY
   BingX	Neon (NEON)	0,06 APY
   Bitmart	Neon (NEON)	0,06 APY
   CoinEx	Neon (NEON)	0,06 APY
   CoinList	Neon (NEON)	0,14 APY
   Crypto.com	Neon (NEON)	0,06 APY

   Check out all 22 prices

2. 2. Select a Neon Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Neon (NEON)	Up to 0,5% APY

3. 3. Lend Your Neon in Italy

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