Earn up to
1% p.a.
A comprehensive guide on how to lend SmarDex (SDEX)
We have a wealth of data on lending SmarDex (SDEX) and we're happy to share some of this with you.
We present some lending options with other coins that may be of interest.
SmarDex (SDEX) is currently priced at USD 1 with a 24-hour trading volume of USD 1.52M. The market cap of SmarDex stands at USD 131.55M, with 9.04B SDEX in circulation. For those looking to buy or trade SmarDex, Bitget offers avenues to do so securely and efficiently
Lending SmarDex can be a great option for those who want to hold SDEX 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.
To lend SmarDex, you need to possess it. To acquire SmarDex, you'll need to buy it. You can select from these popular exchanges.
| Platform | Coin | Cost |
|---|---|---|
| Bitget | SmarDex (SDEX) | 0.01 |
| Bitmart | SmarDex (SDEX) | 0.01 |
| Gate.io | SmarDex (SDEX) | 0.01 |
| MEXC Global | SmarDex (SDEX) | 0.01 |
| SwissBorg | SmarDex (SDEX) | 0 |
Once you have SDEX, you'll need to choose a SmarDex lending platform to lend your tokens. You can find some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Bitget | SmarDex (SDEX) | Up to 1% p.a. |
Once you've chosen a platform to lend your SmarDex, transfer your SmarDex 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.
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.
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.
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