How to Earn Dai (DAI): A Step-by-Step Guide for Italians

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. 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. 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. 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. 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.