Where and How to Earn Bitcoin (BTC)

Introduction

Lending Bitcoin can be an excellent choice for those looking to hold BTC 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 Bitcoin (BTC) Tokens in Portugal

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

   Plataforma	Moeda	Price in Portugal
   Nexo	Bitcoin (BTC)	92 482,75
   PrimeXBT	Bitcoin (BTC)	92 460,8
   EarnPark	Bitcoin (BTC)	92 345,06
   YouHodler	Bitcoin (BTC)	92 587,12
   Binance	Bitcoin (BTC)	92 471,9
   BTSE	Bitcoin (BTC)	92 440,9

   View all 80 prices

2. 2. Select a Bitcoin Lender in Portugal

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

   Plataforma	Moeda	APY
   Nexo	Bitcoin (BTC)	Up to 7% APY in Portugal
   Nebeus	Bitcoin (BTC)	Up to 4,5% APY in Portugal
   EarnPark	Bitcoin (BTC)	Up to 15% APY in Portugal
   YouHodler	Bitcoin (BTC)	Up to 12% APY in Portugal
   Neverless	Bitcoin (BTC)	Up to 7,25% APY in Portugal

   Explore all 26 lending rates available in Portugal

3. 3. Earn Bitcoin in Portugal

   Once you've selected a platform to earn your Bitcoin, transfer your Bitcoin 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