Introduction

Lending ICON can be an excellent choice for those looking to hold ICX while generating APY. The process may seem a bit overwhelming, particularly if it's your first time navigating it. That's why we've created this guide to assist you.

Step-by-Step Guide for South Korea's Financial Landscape 1

1. 1. Acquire ICON (ICX) Tokens

   To lend ICON, you first need to possess it. To acquire ICON, you'll have to buy it. You can select from these well-known exchanges available in South Korea.

   플랫폼	코인	Price
   Binance	ICON (ICX)	0.06 APY
   OKX	ICON (ICX)	0.11 APY
   Uphold	ICON (ICX)	0.11 APY
   BingX	ICON (ICX)	0.06 APY
   Bitget	ICON (ICX)	0.06 APY
   Bitpanda	ICON (ICX)	0.21 APY

   Check out all 27 prices

2. 2. Select a ICON lending provider

   Once you have ICX, you'll need to select a ICON lending platform to lend your tokens. You can explore various options available in the South Korean market here.

3. 3. Lend Your ICON in South Korea

   Once you've selected a platform to lend your ICON, transfer your ICON into your wallet on the lending platform. After the deposit is made, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide them weekly or monthly.

4. 4. Earn APY on your cryptocurrency holdings with competitive rates from top providers in South Korea

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Be sure to choose a lending platform that offers compounding interest to maximize your earnings.

What to Keep in Mind

Lending your cryptocurrency can involve significant risks