How to Lend StakeWise Staked ETH (OSETH)

Introduction

Lending StakeWise Staked ETH can be an excellent choice for those looking to hold OSETH 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 StakeWise Staked ETH (OSETH) Tokens

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

2. 2. Select a StakeWise Staked ETH Lender in Italy

   Once you have OSETH, you'll need to select a StakeWise Staked ETH lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Aave	StakeWise Staked ETH (OSETH)	Up to 0,14% APY
   Compound	StakeWise Staked ETH (OSETH)	Up to 0,21% APY

   Discover all 4 lending APY rates

3. 3. Lend Your StakeWise Staked ETH in Italy

   Once you've selected a platform to lend your StakeWise Staked ETH, transfer your StakeWise Staked 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