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Introduction

Lending Gemini Dollar is an excellent choice for those looking to hold GUSD while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Gemini Dollar (GUSD) Tokens

   To lend Gemini Dollar, you must first possess it. To acquire Gemini Dollar, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Uphold	Gemini Dollar (GUSD)	1
   Gate.io	Gemini Dollar (GUSD)	1
   Gemini	Gemini Dollar (GUSD)	1
   Probit	Gemini Dollar (GUSD)	0.88

   View all 7 prices

2. 2. Select a Gemini Dollar Lender

   Once you have GUSD, you'll need to select a Gemini Dollar lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Gemini	Gemini Dollar (GUSD)	Earn up to 0.01% APY

3. 3. Earn Gemini Dollar

   After selecting a platform to earn your Gemini Dollar, transfer your Gemini Dollar to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.