How to Lend APE (ape) in Portugal: A Step-by-Step Guide

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. 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. 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. 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. 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.