Where and How to Earn Venom (VENOM)

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   OKX	Venom (VENOM)	0,07
   BingX	Venom (VENOM)	0,04
   Bitpanda	Venom (VENOM)	0,07
   CoinEx	Venom (VENOM)	0,04
   Gate.io	Venom (VENOM)	0,04
   Kucoin	Venom (VENOM)	0,04

   View all 13 prices

2. 2. Select a Venom Lender in Portugal

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

   Plataforma	Moeda	APY
   Kucoin	Venom (VENOM)	Up to 0,5% APY in Portugal

3. 3. Earn Venom in Portugal

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