How to Lend Aave TUSD (ATUSD) in the UK

Introduction

Lending Aave TUSD can be an excellent option for those who wish to hold ATUSD 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 Aave TUSD (ATUSD) Tokens

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

2. 2. Choose a Aave TUSD Lender in the UK

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

   Platform	Coin	AER
   Aave	Aave TUSD (ATUSD)	Up to 0.0002757% AER

3. 3. Lend Your Aave TUSD

   Once you've chosen a platform to lend your Aave TUSD, transfer your Aave TUSD into your wallet on the lending platform. Once it's deposited, it will start earning 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 interest. The more you deposit, the more interest you can earn. Try to ensure your lending 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.