How to Lend WETH (WETH): A Comprehensive Guide for Italian Investors

Introduction

Lending WETH can be an excellent choice for those looking to hold WETH 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. Acquire WETH (WETH) Tokens
To lend WETH, you must first possess it. To acquire WETH, you'll need to buy it. You can select from these well-known exchanges available in Italy.
2. Select a WETH Lender in Italy
Once you have WETH, you'll need to select a WETH lending platform to lend your tokens. You can explore some options here.
Piattaforma Criptovaluta APY
Aave WETH (WETH) Up to 2,03% APY
Compound WETH (WETH) Up to 1,98% APY
Discover all 32 lending APY rates
3. Lend Your WETH in Italy
Once you've selected a platform to lend your WETH, transfer your WETH 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. 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.