Where and How to Earn Dai (DAI)

Introduction

Lending 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 Dai (DAI) Tokens

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

   Plataforma	Cripto	Price
   Uphold	Dai (DAI)	1 APY
   BingX	Dai (DAI)	1 APY

   Consulta todos los 26 precios

2. 2. Select a Dai Lender

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

   Plataforma	Cripto	APY
   Nexo	Dai (DAI)	Hasta 14% APY
   Aave	Dai (DAI)	Hasta 11,64% APY
   AQRU	Dai (DAI)	Hasta 6% APY
   Bitget	Dai (DAI)	Hasta 5% APY
   Blockchain.com	Dai (DAI)	Hasta 3,75% APY

   Lending APY

3. 3. Earn Dai with competitive APY rates that can help you grow your investment

   Once you've selected a platform to earn your Dai, transfer your 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