How to Lend Ravencoin (RVN)

Introduction

Lending Ravencoin can be an excellent choice for those looking to hold RVN 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 Ravencoin (RVN) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Ravencoin (RVN)	0,01 APY
   OKX	Ravencoin (RVN)	0,01 APY
   Uphold	Ravencoin (RVN)	0,01 APY
   BingX	Ravencoin (RVN)	0,01 APY
   Bitget	Ravencoin (RVN)	0,01 APY
   Bitmart	Ravencoin (RVN)	0,01 APY

   Check out all 35 prices

2. 2. Select a Ravencoin Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Ravencoin (RVN)	Up to 0,5% APY

3. 3. Lend Your Ravencoin in Italy

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