Where & how to lend Aave (AAVE)

Introduction

Lending Aave can be a great option for those who want to hold AAVE but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step

1. 1. Obtain Aave (AAVE) tokens

   In order to lend Aave, you need to have it. To obtain Aave, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	Aave (AAVE)	$125.41
   M2	Aave (AAVE)	$124.8
   YouHodler	Aave (AAVE)	$124.81
   Uphold	Aave (AAVE)	$134.87
   Wirex	Aave (AAVE)	$125.5
   Kraken	Aave (AAVE)	$124.83

   See all 20 prices

2. 2. Choose a Aave lender

   Once you have AAVE, you’ll need to choose a Aave lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Nexo	Aave (AAVE)	Up to 4% APY
   M2	Aave (AAVE)	Up to 4.5% APY
   YouHodler	Aave (AAVE)	Up to 11% APY
   Klink	Aave (AAVE)	Up to 3.68% APY

   See all 8 lending rates

3. 3. Lend your Aave

   Once you’ve chosen a platform to lending your Aave, transfer your Aave into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.