Where and How to Earn THORChain (RUNE)

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Nexo	THORChain (RUNE)	0,57
   PrimeXBT	THORChain (RUNE)	0,57
   Binance	THORChain (RUNE)	0,57
   Coinbase	THORChain (RUNE)	5,44
   Kraken	THORChain (RUNE)	0,57
   Uphold	THORChain (RUNE)	1,17

   View all 40 prices

2. 2. Select a THORChain Lender in Portugal

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

   Plataforma	Moeda	APY
   Kucoin	THORChain (RUNE)	Up to 0,5% APY in Portugal

3. 3. Earn THORChain in Portugal

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