Introduction

Lending New BitShares can be an excellent choice for those looking to hold NBS 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 New BitShares (NBS) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	New BitShares (NBS)	0 APY
   Gate.io	New BitShares (NBS)	0,00006244 APY
   MEXC Global	New BitShares (NBS)	0,00003 APY

   Check out all 5 prices

2. 2. Select a New BitShares Lender in Italy

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

3. 3. Lend Your New BitShares in Italy

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