Latest Movements in the UK
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- Market capitalisation
- US$36.01M
- 24-hour volume
- US$377,664
- Circulating supply
- 36M DAI
Earn up to
15.09% AER
A comprehensive guide on how to earn Binance-Peg DAI (DAI) in the UK
We have extensive data on earning Binance-Peg DAI (DAI) and we are pleased to share some of this with you.
We present you with various earning options using other cryptocurrencies that may pique your interest.
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Lending Binance-Peg DAI can be an excellent option for those who wish to hold DAI while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
To lend Binance-Peg DAI, you need to possess it. To obtain Binance-Peg DAI, you'll need to purchase it. You can choose from these popular exchanges in the UK.
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 | AER |
|---|---|---|
| EarnPark | Binance-Peg DAI (DAI) | Up to 7% AER |
| YouHodler | Binance-Peg DAI (DAI) | Up to 20% AER |
| SwissBorg | Binance-Peg DAI (DAI) | Up to 4.81% AER |
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 AER. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.