Where and How to Lend Aave (AAVE)

Introduction

Lending Aave can be a great option for those who want to hold AAVE but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Acquire Aave (AAVE) Tokens

   To be able to lend Aave, you need to have it. To get Aave, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Nexo	Aave (AAVE)	281.51
   PrimeXBT	Aave (AAVE)	281.38
   M2	Aave (AAVE)	281.42
   Uphold	Aave (AAVE)	281.46
   Kraken	Aave (AAVE)	282.04
   OKX	Aave (AAVE)	281.6

   See all 40 prices

2. 2. Choose a Aave Lender

   Once you have AAVE, you’ll need to choose a Aave lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Aave (AAVE)	Up to 4 APY
   YouHodler	Aave (AAVE)	Up to 12 APY
   Kucoin	Aave (AAVE)	Up to 0.05 APY

   See all 6 borrowing rates

3. 3. Lend Your Aave

   Once you’ve chosen a platform to lend your Aave, transfer your Aave into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.