Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Bake	DeFiChain (DFI)	0
   Bitget	DeFiChain (DFI)	0,03
   CoinEx	DeFiChain (DFI)	0
   Gate.io	DeFiChain (DFI)	0,000817
   HTX	DeFiChain (DFI)	0
   MEXC Global	DeFiChain (DFI)	0,000857

   View all 11 prices

2. 2. Select a DeFiChain Lender in Portugal

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

3. 3. Lend Your DeFiChain in Portugal

   Once you've selected a platform to lend your DeFiChain, transfer your DeFiChain 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