How to Lend XDC Network (XDC)

Introduction

Lending XDC Network can be an excellent choice for those looking to hold XDC 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 XDC Network (XDC) Tokens

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

   Piattaforma	Criptovaluta	Value
   BTSE	XDC Network (XDC)	0,05 APY
   Kraken	XDC Network (XDC)	0,05 APY
   Uphold	XDC Network (XDC)	0,06 APY
   BingX	XDC Network (XDC)	0,05 APY
   Bitfinex	XDC Network (XDC)	0,05 APY
   Bitget	XDC Network (XDC)	0,05 APY

   Check out all 38 prices

2. 2. Select a XDC Network Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	XDC Network (XDC)	Up to 0,01% APY

3. 3. Lend Your XDC Network in Italy

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