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Introduction

Lending VIDT DAO can be an excellent option for those who wish to hold VIDT 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.

Step-by-Step Guide

1. 1. Obtain VIDT DAO (VIDT) Tokens

   To lend VIDT DAO, you need to possess it. To obtain VIDT DAO, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Binance	VIDT DAO (VIDT)	0
   BingX	VIDT DAO (VIDT)	0.0005636
   Bitmart	VIDT DAO (VIDT)	0.00045
   Bybit	VIDT DAO (VIDT)	0
   Kucoin	VIDT DAO (VIDT)	0.0000862
   MEXC Global	VIDT DAO (VIDT)	0.000501

   View all 16 prices

2. 2. Choose a VIDT DAO Lender in the UK

   Once you have VIDT, you'll need to choose a VIDT DAO lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Kucoin	VIDT DAO (VIDT)	Up to 0.5% AER

3. 3. Earn VIDT DAO

   Once you've selected a platform to earn your VIDT DAO, transfer your VIDT DAO 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.

4. 4. Earn AER

   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.

What to Be Aware Of

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.