Where and How to Earn WAX (WAXP)

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Binance	WAX (WAXP)	0,01
   OKX	WAX (WAXP)	0,02
   BingX	WAX (WAXP)	0,01
   Bitget	WAX (WAXP)	0,01
   Bitmart	WAX (WAXP)	0,02
   Bitpanda	WAX (WAXP)	0,05

   View all 29 prices

2. 2. Select a WAX Lender in Portugal

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

   Plataforma	Moeda	APY
   Kucoin	WAX (WAXP)	Up to 0,5% APY in Portugal

3. 3. Earn WAX in Portugal

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