How to Lend Aave (AAVE) in Vietnam

Introduction

Lending Aave is an excellent choice for those looking to hold AAVE while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Aave (AAVE) Tokens

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

   Platform	Coin	Cost
   Nexo	Aave (AAVE)	151.43
   PrimeXBT	Aave (AAVE)	151.13
   YouHodler	Aave (AAVE)	151.07
   Binance	Aave (AAVE)	151.39
   BTSE	Aave (AAVE)	151.34
   Coinbase	Aave (AAVE)	151.17

   View all 77 prices

2. 2. Select a Aave Lender

   Once you have AAVE, you'll need to select a Aave lending platform to lend your tokens. You can find some options listed here.

   Platform	Coin	Interest rate
   Nexo	Aave (AAVE)	Earn up to 4% APY
   YouHodler	Aave (AAVE)	Earn up to 12% APY
   Aave	Aave (AAVE)	Earn up to 0% APY
   Blockchain.com	Aave (AAVE)	Earn up to 2% APY

   View all 12 loan rates

3. 3. Lend Your Aave

   After selecting a platform to lend your Aave, transfer your Aave into your wallet on that platform. Once deposited, it will begin to earn interest. 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 crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.