How to Lend EOS (EOS) in Portugal

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Nexo	EOS (EOS)	0,78
   PrimeXBT	EOS (EOS)	0,75
   EarnPark	EOS (EOS)	0,18
   YouHodler	EOS (EOS)	0,78
   Binance	EOS (EOS)	0,78
   BTSE	EOS (EOS)	0,78

   View all 55 prices

2. 2. Select a EOS Lender in Portugal

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

   Plataforma	Moeda	APY
   Nexo	EOS (EOS)	Up to 8% APY in Portugal
   Nebeus	EOS (EOS)	Up to 4,5% APY in Portugal
   EarnPark	EOS (EOS)	Up to 10% APY in Portugal
   YouHodler	EOS (EOS)	Up to 12% APY in Portugal

   Explore all 6 lending rates available in Portugal

3. 3. Lend Your EOS in Portugal

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