How to Lend Rocket Pool (RPL)

Introduction

Lending Rocket Pool can be an excellent choice for those looking to hold RPL 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 Rocket Pool (RPL) Tokens

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

   Piattaforma	Criptovaluta	Value
   Binance	Rocket Pool (RPL)	6,56 APY
   Coinbase	Rocket Pool (RPL)	6,57 APY
   Kraken	Rocket Pool (RPL)	6,62 APY
   OKX	Rocket Pool (RPL)	5,31 APY
   Uphold	Rocket Pool (RPL)	6,13 APY
   Azbit	Rocket Pool (RPL)	6,54 APY

   Check out all 46 prices

2. 2. Select a Rocket Pool Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Aave	Rocket Pool (RPL)	Up to 2,99% APY
   Kucoin	Rocket Pool (RPL)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Rocket Pool in Italy

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