How to Earn Solar (SXP): A Comprehensive Guide for Australians

Introduction

Lending Solar can be a great option for those who want to hold SXP 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 Solar (SXP) tokens
To lend Solar, you need to possess it. To acquire Solar, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Solar (SXP) 0.06
Bake Solar (SXP) 0.06
BingX Solar (SXP) 0.06
Bitget Solar (SXP) 0.06
Bitmart Solar (SXP) 0.18
Bitpanda Solar (SXP) 0.39
See all 26 prices
2. Choose a Solar lender
Once you have SXP, you'll need to choose a Solar lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Solar (SXP) Up to 0.5% p.a.
3. Earn Solar
Once you've chosen a platform to earn your Solar, transfer your Solar 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
Binance	Solar (SXP)	0.06
Bake	Solar (SXP)	0.06
BingX	Solar (SXP)	0.06
Bitget	Solar (SXP)	0.06
Bitmart	Solar (SXP)	0.18
Bitpanda	Solar (SXP)	0.39

Platform	Coin	Interest rate
Kucoin	Solar (SXP)	Up to 0.5% 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.