How to Lend Raydium (RAY)

Introduction

Lending Raydium can be an excellent choice for those looking to hold RAY 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 Raydium (RAY) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	Raydium (RAY)	1,33 APY
   Binance	Raydium (RAY)	1,33 APY
   Kraken	Raydium (RAY)	1,33 APY
   OKX	Raydium (RAY)	1,34 APY
   Uphold	Raydium (RAY)	2,39 APY
   Azbit	Raydium (RAY)	1,33 APY

   Check out all 45 prices

2. 2. Select a Raydium Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   YouHodler	Raydium (RAY)	Up to 16% APY
   Bitget	Raydium (RAY)	Up to 2,6% APY
   Kucoin	Raydium (RAY)	Up to 0,5% APY

   Discover all 5 lending APY rates

3. 3. Lend Your Raydium in Italy

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