How to Lend APE (ape) in Portugal

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   YouHodler	APE (ape)	0,21
   Binance	APE (ape)	0,21
   BTSE	APE (ape)	0,21
   Coinbase	APE (ape)	0,21
   OKX	APE (ape)	0,6
   Crypto.com	APE (ape)	0,21

   View all 26 prices

2. 2. Select a APE Lender in Portugal

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

   Plataforma	Moeda	APY
   YouHodler	APE (ape)	Up to 12% APY in Portugal
   SwissBorg	APE (ape)	Up to 3,41% APY in Portugal

   Explore all 5 lending rates available in Portugal

3. 3. Lend Your APE in Portugal

   Once you've selected a platform to lend your APE, transfer your APE into your wallet on the lending platform. After it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others may 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 more interest you can accumulate. Ensure that your lending platform offers compounding interest to maximise your returns in the Portuguese market.

What to Consider in Portugal

Lending your cryptocurrency can carry certain risks