Where and How to Lend Aave (AAVE)

Introduction

Lending Aave can be a great option for those who wish to hold AAVE but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Aave (AAVE) Tokens

   To lend Aave, you need to have it. To obtain Aave, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Aave (AAVE)	165.30
   Bitpanda	Aave (AAVE)	165.39
   Uphold	Aave (AAVE)	165.40
   Klink	Aave (AAVE)	165.30
   Kraken	Aave (AAVE)	164.77
   OKX	Aave (AAVE)	165.30

   See all 30 prices

2. 2. Select a Aave Lender

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

   Platform	Coin	Interest rate
   Nexo	Aave (AAVE)	Up to 4.00 APY
   YouHodler	Aave (AAVE)	Up to 12.00 APY

   See all 8 lending rates

3. 3. Lend Your Aave

   After you have selected a platform for lending your Aave, transfer your Aave into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.