How to Lend Metis (METIS) in Portugal

Introduction

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

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

   Plataforma	Moeda	Price in Portugal
   Binance	Metis (METIS)	5,41
   BTSE	Metis (METIS)	5,39
   Coinbase	Metis (METIS)	5,4
   Kraken	Metis (METIS)	5,42
   OKX	Metis (METIS)	17,86
   Uphold	Metis (METIS)	18,62

   View all 41 prices

2. 2. Select a Metis Lender in Portugal

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

   Plataforma	Moeda	APY
   Aave	Metis (METIS)	Up to 0,02% APY in Portugal
   Kucoin	Metis (METIS)	Up to 0,28% APY in Portugal

   Explore all 4 lending rates available in Portugal

3. 3. Lend Your Metis in Portugal

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