Where and How to Earn Binance-Peg DAI (DAI)

简介

Lending Binance-Peg DAI for those who want to hold DAI, but also earn yield, can be a good choice. The steps might be a bit intimidating, especially the first time you try them. Therefore, we've prepared this guide for you.

Step-by-step Guide

1. 1. Obtain Binance-Peg DAI (DAI) Tokens

   To lend Binance-Peg DAI, you need to already own it. To get Binance-Peg DAI, you’ll need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Price
   EarnPark	Binance-Peg DAI (DAI)	1
   YouHodler	Binance-Peg DAI (DAI)	1
   Kraken	Binance-Peg DAI (DAI)	1
   OKX	Binance-Peg DAI (DAI)	1
   Gate.io	Binance-Peg DAI (DAI)	1
   LBank	Binance-Peg DAI (DAI)	1

   See all 22 prices

2. 2. Choose a Binance-Peg DAI Lender

   Once you have DAI, you'll need to choose a Binance-Peg DAI lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Binance-Peg DAI (DAI)	Up to 20% APY
   EarnPark	Binance-Peg DAI (DAI)	Up to 7% APY
   SwissBorg	Binance-Peg DAI (DAI)	Up to 4.81% APY

   See all 8 lending rates

3. 3. Earn Binance-Peg DAI

   After selecting a platform for earning your Binance-Peg DAI, transfer your Binance-Peg DAI to your wallet on the earning platform. Once deposited, it begins to earn interest. Some platforms provide interest payouts daily, while others do so weekly or monthly.

4. 4. Earn收益

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximize your returns.

Things to Note

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.