How to Earn Aave v2 USDC (AUSDC): A Comprehensive Guide for Indian Investors

Introduction

Lending Aave v2 USDC can be an excellent choice for those looking to hold AUSDC while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. Acquire Aave v2 USDC (AUSDC) Tokens in India
To lend Aave v2 USDC, you first need to possess it. To acquire Aave v2 USDC, you'll have to buy it. You can select from these popular Indian exchanges.
2. Choose a Aave v2 USDC Lender in India
Once you have AUSDC, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
Aave Aave v2 USDC (AUSDC) Up to 2.15% APY
3. Earn Aave v2 USDC in India
Once you've selected a platform to earn your Aave v2 USDC, transfer your Aave v2 USDC into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.

Platform	Coin	APY
Aave	Aave v2 USDC (AUSDC)	Up to 2.15% APY

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.