Where and How to Lend Sui (SUI)

Introduction

Lending Sui can be a great option for those who want to hold SUI but earn yield. The steps can be a little 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. Acquire Sui (SUI) Tokens

   To be able to lend Sui, you need to have it. To get Sui, you’ll have to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Uphold	Sui (SUI)	5.21
   Kraken	Sui (SUI)	5.2
   OKX	Sui (SUI)	5.2
   YouHodler	Sui (SUI)	5.2
   Binance	Sui (SUI)	5.21
   BTSE	Sui (SUI)	5.2

   See all 29 prices

2. 2. Choose a Sui Lender

   Once you have SUI, you’ll need to choose a Sui lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Bitget	Sui (SUI)	Up to 2.5 APY
   Kucoin	Sui (SUI)	Up to 2.6 APY
   Coinbase	Sui (SUI)	Up to 2.8 APY

3. 3. Lend Your Sui

   Once you’ve chosen a platform to lend your Sui, transfer your Sui into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure 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.