How to Lend Stargate Finance (STG) in Australia

Introduction

Lending Stargate Finance can be a great option for those who want to hold STG 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 Stargate Finance (STG) Tokens

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

   Platform	Coin	Cost
   Binance	Stargate Finance (STG)	0.11
   Coinbase	Stargate Finance (STG)	0.11
   Kraken	Stargate Finance (STG)	0.11
   BingX	Stargate Finance (STG)	0.11
   Bitfinex	Stargate Finance (STG)	0.11
   Bitget	Stargate Finance (STG)	0.11

   See all 43 prices

2. 2. Choose a Stargate Finance lender

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

   Platform	Coin	Interest rate
   Aave	Stargate Finance (STG)	Up to 0.000007336% p.a.
   Kucoin	Stargate Finance (STG)	Up to 0.5% p.a.

   See all 4 lending rates

3. 3. Lend Your Stargate Finance

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