Introduction
Lending SideShift can be a great option for those who want to hold XAI but earn yield. The steps can be 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. Acquire SideShift (XAI) Tokens
To lend SideShift, you'll need to have it. To get SideShift, you'll need to buy it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Kucoin SideShift (XAI) 0.08 CoinEx SideShift (XAI) 0.14 Azbit SideShift (XAI) 0.00006 Phemex SideShift (XAI) 0.08 2. Choose a SideShift Lender
Once you have XAI, you'll need to choose a SideShift lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin SideShift (XAI) Up to 3.71% APY 3. Earn SideShift
Once you've chosen a platform for earning your SideShift, transfer your SideShift into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning 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.
Latest Movements
SideShift (XAI) is currently priced at USD 3.71 with a 24-hour trading volume of USD 71,551. The market cap of SideShift stands at USD 23.73M, with 144.18M XAI in circulation. For those looking to buy or trade SideShift, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 23.73M
- 24h volume
- USD 71,551
- Circulating supply
- 144.18M XAI