How to Lend Pendle (PENDLE)

Introduction

Lending Pendle can be an excellent choice for those looking to hold PENDLE 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 Pendle (PENDLE) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Pendle (PENDLE)	2,18 APY
   YouHodler	Pendle (PENDLE)	2,18 APY
   Binance	Pendle (PENDLE)	2,19 APY
   BTSE	Pendle (PENDLE)	2,18 APY
   Coinbase	Pendle (PENDLE)	2,18 APY
   Kraken	Pendle (PENDLE)	2,18 APY

   Check out all 55 prices

2. 2. Select a Pendle Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   YouHodler	Pendle (PENDLE)	Up to 30% APY
   Kucoin	Pendle (PENDLE)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Pendle in Italy

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