Introduction

Lending DFI.money can be an excellent choice for those looking to hold YFII 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 DFI.money (YFII) Tokens

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

   E-platform	Coin	Cost
   Binance	DFI.money (YFII)	435.5 APY
   Coinbase	DFI.money (YFII)	386.93 APY
   FMFW.io	DFI.money (YFII)	53.57 APY
   Gate.io	DFI.money (YFII)	55.07 APY
   HTX	DFI.money (YFII)	108.88 APY
   MEXC Global	DFI.money (YFII)	55.01 APY

   See all 14 prices in Uganda

2. 2. Select a DFI.money Lender

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

3. 3. Lend Your DFI.money

   Once you've selected a platform to lend your DFI.money, transfer your DFI.money into your wallet on the lending platform. After it's deposited, it will begin to earn APY. Some platforms pay interest 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 higher your potential returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

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.