How to Lend Starknet (STRK)

Introduction

Lending Starknet can be an excellent choice for those looking to hold STRK 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 Starknet (STRK) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Starknet (STRK)	0,08 APY
   YouHodler	Starknet (STRK)	0,08 APY
   Binance	Starknet (STRK)	0,08 APY
   BTSE	Starknet (STRK)	0,08 APY
   Coinbase	Starknet (STRK)	0,08 APY
   Kraken	Starknet (STRK)	0,08 APY

   Check out all 60 prices

2. 2. Select a Starknet Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   YouHodler	Starknet (STRK)	Up to 16% APY
   Kucoin	Starknet (STRK)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your Starknet in Italy

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