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Introduction

Lending Ethena USDe can be an excellent choice for those looking to hold USDE while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Ethena USDe (USDE) Tokens

   To lend Ethena USDe, you first need to possess it. To acquire Ethena USDe, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   Binance	Ethena USDe (USDE)	1 APY
   Kraken	Ethena USDe (USDE)	1 APY
   Bitget	Ethena USDe (USDE)	1 APY
   Bitmart	Ethena USDe (USDE)	1 APY
   CoinList	Ethena USDe (USDE)	1 APY
   Gate.io	Ethena USDe (USDE)	1 APY

   See all 12 prices in Uganda

2. 2. Select a Ethena USDe Lender

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

   E-platform	Coin	APY
   Aave	Ethena USDe (USDE)	Up to 3.94% APY
   Bitget	Ethena USDe (USDE)	Up to 25% APY
   Compound	Ethena USDe (USDE)	Up to 1.98% APY
   Kucoin	Ethena USDe (USDE)	Up to 5% APY
   MEXC Global	Ethena USDe (USDE)	Up to 5% APY

   View all 10 APY rates

3. 3. Earn Ethena USDe in Uganda's vibrant financial landscape

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

4. 4. Grow Your Savings

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.