How to Lend Toncoin (TON)

Introduction

Lending Toncoin can be an excellent choice for those looking to hold TON 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 Toncoin (TON) Tokens

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

   Piattaforma	Criptovaluta	Value
   PrimeXBT	Toncoin (TON)	1,78 APY
   EarnPark	Toncoin (TON)	1,78 APY
   YouHodler	Toncoin (TON)	1,78 APY
   Binance	Toncoin (TON)	1,78 APY
   BTSE	Toncoin (TON)	1,78 APY
   Coinbase	Toncoin (TON)	1,78 APY

   Check out all 65 prices

2. 2. Select a Toncoin Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   EarnPark	Toncoin (TON)	Up to 5% APY
   YouHodler	Toncoin (TON)	Up to 20% APY
   Blockchain.com	Toncoin (TON)	Up to 4% APY
   Coinbase	Toncoin (TON)	Up to 4,74% APY

   Discover all 12 lending APY rates

3. 3. Lend Your Toncoin in Italy

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