Introduction

Lending Australian Dollar can be an excellent choice for those looking to hold AUD 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 Australian Dollar (AUD) Tokens

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

   Piattaforma	Criptovaluta	Value
   YouHodler	Australian Dollar (AUD)	0,67 APY
   Binance	Australian Dollar (AUD)	0,73 APY
   Kraken	Australian Dollar (AUD)	0,67 APY
   Uphold	Australian Dollar (AUD)	0,65 APY
   Currency.com	Australian Dollar (AUD)	0,62 APY
   Gemini	Australian Dollar (AUD)	0,67 APY

   Check out all 10 prices

2. 2. Select a Australian Dollar Lender in Italy

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

3. 3. Lend Your Australian Dollar in Italy

   Once you've selected a platform to lend your Australian Dollar, transfer your Australian Dollar 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