How to Earn STACKS (stacks): A Comprehensive Guide for Australians

Introduction

Lending STACKS can be a great option for those who want to hold stacks 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 STACKS (stacks) tokens
To lend STACKS, you need to possess it. To acquire STACKS, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Uphold STACKS (stacks) 0.79
BingX STACKS (stacks) 0.25
Bitget STACKS (stacks) 0.25
Bitmart STACKS (stacks) 0.69
Bitpanda STACKS (stacks) 2.3
Blockchain.com STACKS (stacks) 0.32
See all 21 prices
2. Choose a STACKS lender
Once you have stacks, you'll need to choose a STACKS lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Bitget STACKS (stacks) Up to 4% p.a.
Blockchain.com STACKS (stacks) Up to 1% p.a.
3. Earn STACKS
Once you've chosen a platform to earn your STACKS, transfer your STACKS 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
Uphold	STACKS (stacks)	0.79
BingX	STACKS (stacks)	0.25
Bitget	STACKS (stacks)	0.25
Bitmart	STACKS (stacks)	0.69
Bitpanda	STACKS (stacks)	2.3
Blockchain.com	STACKS (stacks)	0.32

Platform	Coin	Interest rate
Bitget	STACKS (stacks)	Up to 4% p.a.
Blockchain.com	STACKS (stacks)	Up to 1% 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.