Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Binance	Nano (XNO)	0,7
   OKX	Nano (XNO)	1,08
   BingX	Nano (XNO)	0,71
   Bitpanda	Nano (XNO)	1,28
   Bybit	Nano (XNO)	0,7
   CoinEx	Nano (XNO)	0,7

   View all 20 prices

2. 2. Select a Nano Lender in Portugal

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

   Plataforma	Moeda	APY
   Kucoin	Nano (XNO)	Up to 0,43% APY in Portugal

3. 3. Earn Nano in Portugal

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