Introduction
Lending SideShift can be a great option for those who want to hold XAI 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. Acquire SideShift (XAI) Tokens
To lend SideShift, you need to have it. To get SideShift, you'll have to buy it. You can choose from these popular exchanges.
See all 8 pricesPlatform Loonies Price Azbit SideShift (XAI) 0.00006 CoinEx SideShift (XAI) 0.15 Kucoin SideShift (XAI) 0.06 Phemex SideShift (XAI) 0.06 2. Choose a SideShift Lender
Once you have XAI, you'll need to choose a SideShift lending platform to lend your tokens. You can check out some options here.
Platform Loonies Interest rate Kucoin SideShift (XAI) Up to 0.63% annual percentage yield 3. Earn SideShift
Once you've chosen a platform to earn your SideShift, transfer your SideShift into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.
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 earning platform pays compounding interest to maximize 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.
Latest Movements
SideShift (XAI) is currently priced at US$0.63 with a 24-hour trading volume of US$71,551. The market cap of SideShift is currently at US$23.73M, with 144.18M XAI in circulation. For those interested in buying or trading SideShift, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$23.73M
- 24h volume
- US$71,551
- Circulating supply
- 144.18M XAI