Introduction
Lending XSGD can be a great option for those who want to hold XSGD 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 XSGD (XSGD) tokens
To lend XSGD, you need to possess it. To acquire XSGD, you'll need to buy it. You can select from these popular exchanges.
See all 6 pricesPlatform Coin Cost Coinbase XSGD (XSGD) 0.78 Bitstamp XSGD (XSGD) 1.77 Wirex XSGD (XSGD) 0.75 2. Choose a XSGD lender
Once you have XSGD, you'll need to choose a XSGD lending platform to lend your tokens. You can find some options here.
3. Earn XSGD
Once you've chosen a platform to earn your XSGD, transfer your XSGD 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
- Market capitalisation
- USDĀ 37.48M
- 24-hour volume
- USDĀ 24.55M
- Circulating supply
- 51.3M XSGD
