How to Lend Stellar (XLM)

Introduction

Lending Stellar can be an excellent choice for those looking to hold XLM 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 Stellar (XLM) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Stellar (XLM)	0,24 APY
   PrimeXBT	Stellar (XLM)	0,24 APY
   EarnPark	Stellar (XLM)	0,24 APY
   YouHodler	Stellar (XLM)	0,24 APY
   Binance	Stellar (XLM)	0,24 APY
   Coinbase	Stellar (XLM)	0,24 APY

   Check out all 70 prices

2. 2. Select a Stellar Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Nexo	Stellar (XLM)	Up to 8% APY
   Nebeus	Stellar (XLM)	Up to 4,5% APY
   EarnPark	Stellar (XLM)	Up to 8% APY
   YouHodler	Stellar (XLM)	Up to 12% APY
   Blockchain.com	Stellar (XLM)	Up to 1% APY

   Discover all 12 lending APY rates

3. 3. Lend Your Stellar in Italy

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