Introduction

Lending Velo can be an excellent choice for those looking to hold VELO 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 Velo (VELO) Tokens

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

   Piattaforma	Criptovaluta	Value
   Uphold	Velo (VELO)	0,01 APY
   BingX	Velo (VELO)	0,01 APY
   CoinEx	Velo (VELO)	0,02 APY
   Kucoin	Velo (VELO)	0,01 APY
   PointPay	Velo (VELO)	0,01 APY

   Check out all 8 prices

2. 2. Select a Velo Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Velo (VELO)	Up to 0,02% APY

3. 3. Lend Your Velo in Italy

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