Where and How to Earn Bancor Network (BNT)

Introduction

Lending Bancor Network can be an excellent choice for those looking to hold BNT while generating yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Navigating Cryptocurrency in Portugal 1

1. 1. Acquire Bancor Network (BNT) Tokens in Portugal

   To lend Bancor Network in Portugal, you first need to possess it. To acquire Bancor Network, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.

   Plataforma	Moeda	Price in Portugal
   YouHodler	Bancor Network (BNT)	0,56
   Binance	Bancor Network (BNT)	0,56
   BTSE	Bancor Network (BNT)	0,55
   Coinbase	Bancor Network (BNT)	0,55
   Kraken	Bancor Network (BNT)	0,57
   OKX	Bancor Network (BNT)	0,39

   View all 52 prices

2. 2. Select a Bancor Network Lender in Portugal

   Once you have BNT, you'll need to select a Bancor Network lending platform to lend your tokens. You can explore some options tailored for the Portuguese market here.

   Plataforma	Moeda	APY
   YouHodler	Bancor Network (BNT)	Up to 12% APY in Portugal
   Gemini	Bancor Network (BNT)	Up to 0,01% APY in Portugal

   Explore all 4 lending rates available in Portugal

3. 3. Earn Bancor Network in Portugal

   Once you've selected a platform to earn your Bancor Network, transfer your Bancor Network into your wallet on the earning platform. Once it's deposited, 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 interest. The more you deposit, the greater your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Portuguese market.

What to Consider in Portugal

Lending your cryptocurrency can carry certain risks