Where and How to Earn Dai (DAI)

Introduction

Lending Dai can be an excellent choice for those looking to hold DAI while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Dai (DAI) Tokens

   To lend Dai, you must first possess it. To acquire Dai, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   Uphold	Dai (DAI)	1 APY
   BingX	Dai (DAI)	1 APY

   Check out all 26 prices

2. 2. Select a Dai Lender in Italy

   Once you have DAI, you'll need to select a Dai lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   Nexo	Dai (DAI)	Up to 14% APY
   Aave	Dai (DAI)	Up to 11,64% APY
   AQRU	Dai (DAI)	Up to 6% APY
   Bitget	Dai (DAI)	Up to 5% APY
   Blockchain.com	Dai (DAI)	Up to 3,75% APY

   Discover all 22 lending APY rates

3. 3. Earn Dai in Italy and take advantage of competitive APY rates offered by various providers

   Once you've selected a platform to earn your Dai, transfer your Dai into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks