How to Lend SideShift (XAI)

Introduction

Lending SideShift can be an excellent choice for those looking to hold XAI 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 SideShift (XAI) Tokens

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

   Piattaforma	Criptovaluta	Value
   Azbit	SideShift (XAI)	0,000005 APY
   CoinEx	SideShift (XAI)	0,15 APY
   Kucoin	SideShift (XAI)	0,02 APY
   Phemex	SideShift (XAI)	0,02 APY

   Check out all 8 prices

2. 2. Select a SideShift Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	SideShift (XAI)	Up to 2,82% APY

3. 3. Lend Your SideShift in Italy

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