Latest Movements in Portugal's Cryptocurrency Market
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- Market capitalization
- US$32.98B
- 24h trading volume
- US$1.27B
- Circulating supply in Portugal
- 35,86B ADA
Earn up to
8% APY in Portugal.
An in-depth guide on how to lend Cardano (ADA) in Portugal
We have extensive data on lending Cardano (ADA) and we are pleased to share some of this information with you.
We present you with various lending options featuring alternative cryptocurrencies that may pique your interest in Portugal.
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Lending Cardano can be an excellent choice for those looking to hold ADA 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.
To lend Cardano in Portugal, you first need to possess it. To acquire Cardano, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.
| Plataforma | Moeda | Price in Portugal |
|---|---|---|
| Nexo | Cardano (ADA) | 0,4 |
| PrimeXBT | Cardano (ADA) | 0,4 |
| YouHodler | Cardano (ADA) | 0,4 |
| Binance | Cardano (ADA) | 0,4 |
| BTSE | Cardano (ADA) | 0,4 |
| Coinbase | Cardano (ADA) | 0,4 |
Once you have ADA, you'll need to select a Cardano lending platform to lend your tokens. You can explore some options tailored for the Portuguese market here.
| Plataforma | Moeda | APY |
|---|---|---|
| Nexo | Cardano (ADA) | Up to 8% APY in Portugal |
| YouHodler | Cardano (ADA) | Up to 12% APY in Portugal |
| Bitget | Cardano (ADA) | Up to 1,8% APY in Portugal |
| Blockchain.com | Cardano (ADA) | Up to 1% APY in Portugal |
Once you've selected a platform to lend your Cardano, transfer your Cardano 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.
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.
Lending your cryptocurrency can carry certain risks