How to Lend Stader (SD) in Australia

Introduction

Lending Stader can be a great option for those who want to hold SD 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 Stader (SD) Tokens

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

   Platform	Coin	Cost
   BTSE	Stader (SD)	0.25
   Coinbase	Stader (SD)	0.25
   OKX	Stader (SD)	0.64
   Uphold	Stader (SD)	0.5
   BingX	Stader (SD)	0.25
   Bitpanda	Stader (SD)	0.99

   See all 26 prices

2. 2. Choose a Stader lender

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

   Platform	Coin	Interest rate
   Kucoin	Stader (SD)	Up to 45% p.a.

3. 3. Lend Your Stader

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