How to Lend Curve DAO (CRV): A Step-by-Step Guide for South Africans

Introduction

Lending Curve DAO can be an excellent choice for those looking to hold CRV while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire Curve DAO (CRV) Tokens
To lend Curve DAO, you first need to possess it. To acquire Curve DAO, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Nexo Curve DAO (CRV) 0,38
PrimeXBT Curve DAO (CRV) 0,37
Binance Curve DAO (CRV) 0,38
BTSE Curve DAO (CRV) 0,38
Coinbase Curve DAO (CRV) 0,38
Kraken Curve DAO (CRV) 0,38
View all 71 prices
2. Select a Curve DAO Lender
Once you have CRV, you'll need to select a Curve DAO lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
Aave Curve DAO (CRV) Up to 1,58% APY
Bitget Curve DAO (CRV) Up to 1% APY
Blockchain.com Curve DAO (CRV) Up to 1% APY
View all 9 lending APYs
3. Lend Your Curve DAO
Once you've selected a platform to lend your Curve DAO, transfer your Curve DAO into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

Platform	Mint	Cost
Nexo	Curve DAO (CRV)	0,38
PrimeXBT	Curve DAO (CRV)	0,37
Binance	Curve DAO (CRV)	0,38
BTSE	Curve DAO (CRV)	0,38
Coinbase	Curve DAO (CRV)	0,38
Kraken	Curve DAO (CRV)	0,38

Platform	Mint	APY
Aave	Curve DAO (CRV)	Up to 1,58% APY
Bitget	Curve DAO (CRV)	Up to 1% APY
Blockchain.com	Curve DAO (CRV)	Up to 1% APY

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.