Where and How to Lend The Sandbox (SAND)

Introduction

Lending The Sandbox can be a great option for those who want to hold SAND 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 The Sandbox (SAND) Tokens

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

   Platform	Coin	Price
   Nexo	The Sandbox (SAND)	0.58
   PrimeXBT	The Sandbox (SAND)	0.58
   M2	The Sandbox (SAND)	0.58
   Uphold	The Sandbox (SAND)	0.58
   OKX	The Sandbox (SAND)	0.58
   YouHodler	The Sandbox (SAND)	0.58

   See all 34 prices

2. 2. Choose a The Sandbox Lender

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

   Platform	Coin	Interest rate
   YouHodler	The Sandbox (SAND)	Up to 12 APY
   Bitget	The Sandbox (SAND)	Up to 2.8 APY

   See all 4 borrowing rates

3. 3. Lend Your The Sandbox

   Once you’ve chosen a platform to lend your The Sandbox, transfer your The Sandbox 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.