How to Lend Aave (AAVE)

Introduction

Lending Aave can be an excellent choice for those looking to hold AAVE while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Aave (AAVE) Tokens

   To lend Aave, you first need to possess it. To acquire Aave, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	Price
   Nexo	Aave (AAVE)	149,57 APY
   PrimeXBT	Aave (AAVE)	149,49 APY
   YouHodler	Aave (AAVE)	149,58 APY
   Binance	Aave (AAVE)	149,56 APY
   BTSE	Aave (AAVE)	149,35 APY
   Coinbase	Aave (AAVE)	149,58 APY

   View all 77 prices

2. 2. Select a Aave provider

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

   Plattform	Kryptowährung	APY
   Nexo	Aave (AAVE)	Up to 4 % APY
   YouHodler	Aave (AAVE)	Up to 12 % APY
   Aave	Aave (AAVE)	Up to 0 % APY
   Blockchain.com	Aave (AAVE)	Up to 2 % APY

   View all 12 lending APY rates

3. 3. Lend Your Aave in Germany

   Once you've selected a platform to lend your Aave, transfer your Aave into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.