How to Earn Sei (SEI): A Comprehensive Guide for Australians

Introduction

Lending Sei can be a great option for those who want to hold SEI while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.

Step-by-Step Guide

1. Obtain Sei (SEI) tokens
To lend Sei, you need to possess it. To acquire Sei, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT Sei (SEI) 0.11
OKX Sei (SEI) 0.11
Uphold Sei (SEI) 0.2
Bake Sei (SEI) 0.11
BingX Sei (SEI) 0.11
See all 26 prices
2. Choose a Sei lender
Once you have SEI, you'll need to choose a Sei lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Coinbase Sei (SEI) Up to 5.04% p.a.
3. Earn Sei
Once you've chosen a platform to earn your Sei, transfer your Sei into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
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. Ensure your earning platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
PrimeXBT	Sei (SEI)	0.11
OKX	Sei (SEI)	0.11
Uphold	Sei (SEI)	0.2
Bake	Sei (SEI)	0.11
BingX	Sei (SEI)	0.11

Platform	Coin	Interest rate
Coinbase	Sei (SEI)	Up to 5.04% p.a.

What to Be Aware Of

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