How to Earn Cosmos Hub (ATOM) in Portugal: A Step-by-Step Guide

Introduction

Lending Cosmos Hub can be an excellent choice for those looking to hold ATOM 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. Acquire Cosmos Hub (ATOM) Tokens in Portugal
To lend Cosmos Hub in Portugal, you first need to possess it. To acquire Cosmos Hub, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.
Plataforma Moeda Price in Portugal
Nexo Cosmos Hub (ATOM) 2,5
PrimeXBT Cosmos Hub (ATOM) 2,5
YouHodler Cosmos Hub (ATOM) 2,5
Binance Cosmos Hub (ATOM) 2,5
BTSE Cosmos Hub (ATOM) 2,5
Coinbase Cosmos Hub (ATOM) 2,5
View all 69 prices

Plataforma	Moeda	Price in Portugal
Nexo	Cosmos Hub (ATOM)	2,5
PrimeXBT	Cosmos Hub (ATOM)	2,5
YouHodler	Cosmos Hub (ATOM)	2,5
Binance	Cosmos Hub (ATOM)	2,5
BTSE	Cosmos Hub (ATOM)	2,5
Coinbase	Cosmos Hub (ATOM)	2,5

2. Select a Cosmos Hub Lender in Portugal

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

Plataforma	Moeda	APY
Nexo	Cosmos Hub (ATOM)	Up to 11% APY in Portugal
YouHodler	Cosmos Hub (ATOM)	Up to 16% APY in Portugal
Bitget	Cosmos Hub (ATOM)	Up to 9% APY in Portugal
Coinbase	Cosmos Hub (ATOM)	Up to 14,04% APY in Portugal

Explore all 11 lending rates available in Portugal

3. Earn Cosmos Hub in Portugal
Once you've selected a platform to earn your Cosmos Hub, transfer your Cosmos Hub 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. 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.