How to Lend Nova Merged USDC (zkLink) (USDC)

Introduction

Lending Nova Merged USDC (zkLink) can be an excellent choice for those looking to hold USDC 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 Nova Merged USDC (zkLink) (USDC) Tokens

   To lend Nova Merged USDC (zkLink), you must first possess it. To acquire Nova Merged USDC (zkLink), you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Luno	Nova Merged USDC (zkLink) (USDC)	1 APY
   Azbit	Nova Merged USDC (zkLink) (USDC)	1 APY
   Kucoin	Nova Merged USDC (zkLink) (USDC)	1 APY

   Check out all 6 prices

2. 2. Select a Nova Merged USDC (zkLink) Lender in Italy

   Once you have USDC, you'll need to select a Nova Merged USDC (zkLink) lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Kucoin	Nova Merged USDC (zkLink) (USDC)	Up to 3% APY

3. 3. Lend Your Nova Merged USDC (zkLink) in Italy

   Once you've selected a platform to lend your Nova Merged USDC (zkLink), transfer your Nova Merged USDC (zkLink) 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