How to Lend Rocket Pool ETH (RETH)

Introduction

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

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

2. 2. Select a Rocket Pool ETH Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Aave	Rocket Pool ETH (RETH)	Up to 0,04% APY
   Compound	Rocket Pool ETH (RETH)	Up to 0,21% APY

   Discover all 8 lending APY rates

3. 3. Lend Your Rocket Pool ETH in Italy

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