How to Lend POL (ex-MATIC) (POL)

Introduction

Lending POL (ex-MATIC) can be an excellent choice for those looking to hold POL 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 POL (ex-MATIC) (POL) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	POL (ex-MATIC) (POL)	0,11 APY
   PrimeXBT	POL (ex-MATIC) (POL)	0,11 APY
   YouHodler	POL (ex-MATIC) (POL)	0,11 APY
   Binance	POL (ex-MATIC) (POL)	0,11 APY
   BTSE	POL (ex-MATIC) (POL)	0,11 APY
   Coinbase	POL (ex-MATIC) (POL)	0,11 APY

   Check out all 63 prices

2. 2. Select a POL (ex-MATIC) Lender in Italy

   Once you have POL, you'll need to select a POL (ex-MATIC) lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Nexo	POL (ex-MATIC) (POL)	Up to 7% APY
   YouHodler	POL (ex-MATIC) (POL)	Up to 16% APY
   Bitget	POL (ex-MATIC) (POL)	Up to 4,2% APY

   Discover all 8 lending APY rates

3. 3. Lend Your POL (ex-MATIC) in Italy

   Once you've selected a platform to lend your POL (ex-MATIC), transfer your POL (ex-MATIC) 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