How to Lend Terra (LUNA)

Introduction

Lending Terra can be an excellent choice for those looking to hold LUNA 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 Terra (LUNA) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	Terra (LUNA)	0,1 APY
   Binance	Terra (LUNA)	0,1 APY
   BTSE	Terra (LUNA)	0,1 APY
   Kraken	Terra (LUNA)	0,1 APY
   OKX	Terra (LUNA)	0,15 APY
   BingX	Terra (LUNA)	0,1 APY

   Check out all 39 prices

2. 2. Select a Terra Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Bitget	Terra (LUNA)	Up to 6,5% APY
   Gemini	Terra (LUNA)	Up to 0,01% APY
   Kucoin	Terra (LUNA)	Up to 5% APY

   Discover all 5 lending APY rates

3. 3. Lend Your Terra in Italy

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