How to Lend Astar (ASTR) in Australia: A Step-by-Step Guide

Introduction

Lending Astar can be a great option for those who want to hold ASTR 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 Astar (ASTR) Tokens
To lend Astar, you need to possess it. To acquire Astar, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
Binance Astar (ASTR) 0.01
Kraken Astar (ASTR) 0.01
OKX Astar (ASTR) 0.03
Uphold Astar (ASTR) 0.03
BingX Astar (ASTR) 0.01
Bitget Astar (ASTR) 0.01
See all 37 prices
2. Choose a Astar lender
Once you have ASTR, you'll need to choose a Astar lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Kucoin Astar (ASTR) Up to 0.5% p.a.
3. Lend Your Astar
Once you've chosen a platform to lend your Astar, transfer your Astar into your wallet on the lending 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 lending platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
Binance	Astar (ASTR)	0.01
Kraken	Astar (ASTR)	0.01
OKX	Astar (ASTR)	0.03
Uphold	Astar (ASTR)	0.03
BingX	Astar (ASTR)	0.01
Bitget	Astar (ASTR)	0.01

Platform	Coin	Interest rate
Kucoin	Astar (ASTR)	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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.