How to Lend USDS (USDS)

Introduction

Lending USDS can be an excellent choice for those looking to hold USDS 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 USDS (USDS) Tokens

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

   Piattaforma	Criptovaluta	Value
   Coinbase	USDS (USDS)	1 APY
   Bitget	USDS (USDS)	1 APY
   Probit	USDS (USDS)	1,09 APY

   Check out all 5 prices

2. 2. Select a USDS Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Aave	USDS (USDS)	Up to 1,24% APY
   Compound	USDS (USDS)	Up to 19,84% APY

   Discover all 4 lending APY rates

3. 3. Lend Your USDS in Italy

   Once you've selected a platform to lend your USDS, transfer your USDS into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. 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 higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks