Introduction
Lending SmarDex can be a great option for those who want to hold SDEX 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 SmarDex (SDEX) tokens
To lend SmarDex, you need to possess it. To acquire SmarDex, you'll need to buy it. You can select from these popular exchanges.
See all 10 pricesPlatform Coin Cost Bitget SmarDex (SDEX) 0.01 Bitmart SmarDex (SDEX) 0.01 Gate.io SmarDex (SDEX) 0.01 MEXC Global SmarDex (SDEX) 0.01 SwissBorg SmarDex (SDEX) 0 2. Choose a SmarDex lender
Once you have SDEX, you'll need to choose a SmarDex lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Bitget SmarDex (SDEX) Up to 1% p.a. 3. Earn SmarDex
Once you've chosen a platform to earn your SmarDex, transfer your SmarDex 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.
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.
Latest Movements
SmarDex (SDEX) is currently priced at USD 1 with a 24-hour trading volume of USD 1.52M. The market cap of SmarDex stands at USD 131.55M, with 9.04B SDEX in circulation. For those looking to buy or trade SmarDex, Bitget offers avenues to do so securely and efficiently
- Market capitalisation
- USD 131.55M
- 24-hour volume
- USD 1.52M
- Circulating supply
- 9.04B SDEX
