Earn up to
16% APY on your investments.
A comprehensive guide on how to lend Nimiq (NIM) in the Italian market
We have a wealth of information on lending Nimiq (NIM), and we are pleased to share some of this with you.
We present you with various lending options featuring alternative cryptocurrencies that may pique your interest.
Nimiq (NIM) is currently priced at US$16 with a 24-hour trading volume of US$143,830. The market cap of Nimiq stands at US$17M, with 12,7B NIM in circulation. For those looking to buy or trade Nimiq, Kucoin offers avenues to do so securely and efficiently}
Lending Nimiq can be an excellent choice for those looking to hold NIM 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.
To lend Nimiq, you must first possess it. To acquire Nimiq, you'll need to buy it. You can select from these well-known exchanges available in Italy.
| Piattaforma | Criptovaluta | Value |
|---|---|---|
| CoinEx | Nimiq (NIM) | 0,0005485 APY |
| Gate.io | Nimiq (NIM) | 0,0005546 APY |
| HTX | Nimiq (NIM) | 0 APY |
| MEXC Global | Nimiq (NIM) | 0,000554 APY |
Once you have NIM, you'll need to select a Nimiq lending platform to lend your tokens. You can explore some options here.
| Piattaforma | Criptovaluta | APY |
|---|---|---|
| Kucoin | Nimiq (NIM) | Up to 16% APY |
Once you've selected a platform to lend your Nimiq, transfer your Nimiq 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.
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.
Lending your cryptocurrency can involve significant risks
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