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Introduction

Lending Binance-Peg DAI can be an excellent choice for those looking to hold DAI while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for Spain 1

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

   To lend Binance-Peg DAI, you first need to possess it. To acquire Binance-Peg DAI, you'll have to buy it. You can select from these popular exchanges available in Spain.

   Plataforma	Cripto	Price
   EarnPark	Binance-Peg DAI (DAI)	1 APY
   YouHodler	Binance-Peg DAI (DAI)	1 APY
   Kraken	Binance-Peg DAI (DAI)	1 APY
   OKX	Binance-Peg DAI (DAI)	1 APY
   Crypto.com	Binance-Peg DAI (DAI)	1 APY
   Gate.io	Binance-Peg DAI (DAI)	1 APY

   Consulta todos los 22 precios

2. 2. Select a Binance-Peg DAI Lender

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

   Plataforma	Cripto	APY
   EarnPark	Binance-Peg DAI (DAI)	Hasta 7% APY
   YouHodler	Binance-Peg DAI (DAI)	Hasta 20% APY
   SwissBorg	Binance-Peg DAI (DAI)	Hasta 4,81% APY

   Lending APY

3. 3. Earn Binance-Peg DAI with competitive APY rates that can help you grow your investment

   Once you've selected a platform to earn your Binance-Peg DAI, transfer your Binance-Peg DAI into your wallet on the earning 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. Generate Earnings

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

What to Keep in Mind

Lending your crypto can be risky