Where and How to Earn NEM (XEM)

Introduction

Lending NEM can be an excellent choice for those looking to hold XEM while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire NEM (XEM) Tokens

   To lend NEM, you must first possess it. To acquire NEM, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Binance	NEM (XEM)	0,02 APY
   BingX	NEM (XEM)	0 APY
   Bitget	NEM (XEM)	0 APY
   Bitmart	NEM (XEM)	0 APY
   Bitpanda	NEM (XEM)	0,03 APY
   Bybit	NEM (XEM)	0 APY

   Check out all 25 prices

2. 2. Select a NEM Lender in Italy

   Once you have XEM, you'll need to select a NEM lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Kucoin	NEM (XEM)	Up to 0,5% APY

3. 3. Earn NEM in Italy and take advantage of competitive APY rates offered by various providers

   Once you've selected a platform to earn your NEM, transfer your NEM into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks