How to Lend Sidus (SIDUS) in Australia

Introduction

Lending Sidus can be a great option for those who want to hold SIDUS 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. 1. Obtain Sidus (SIDUS) Tokens

   To lend Sidus, you need to possess it. To acquire Sidus, you'll need to buy it. You can select from these popular exchanges.

   Platform	Coin	Cost
   BingX	Sidus (SIDUS)	0.0000861
   Bitmart	Sidus (SIDUS)	0.0001889
   Bitpanda	Sidus (SIDUS)	0
   CoinEx	Sidus (SIDUS)	0.00007411
   Gate.io	Sidus (SIDUS)	0.00007368
   Kucoin	Sidus (SIDUS)	0.0000732

   See all 13 prices

2. 2. Choose a Sidus lender

   Once you have SIDUS, you'll need to choose a Sidus lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Sidus (SIDUS)	Up to 60% p.a.

3. 3. Lend Your Sidus

   Once you've chosen a platform to lend your Sidus, transfer your Sidus 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. 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.

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.