Where and How to Lend Stellar (XLM)

Introduction

Lending Stellar can be a great option for those who want to hold XLM 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. Get Stellar (XLM) Tokens

   To lend Stellar, you need to have it. To get Stellar, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Nexo	Stellar (XLM)	0.28
   PrimeXBT	Stellar (XLM)	0.28
   Uphold	Stellar (XLM)	0.28
   EarnPark	Stellar (XLM)	0.27
   Kraken	Stellar (XLM)	0.28
   OKX	Stellar (XLM)	0.28

   See all 70 prices

2. 2. Choose a Stellar Lender

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

   Platform	Loonies	Interest rate
   Nexo	Stellar (XLM)	Up to 8 annual percentage yield
   YouHodler	Stellar (XLM)	Up to 12 annual percentage yield
   EarnPark	Stellar (XLM)	Up to 8 annual percentage yield
   Nebeus	Stellar (XLM)	Up to 4.5 annual percentage yield

   See all 12 lending rates

3. 3. Lend Your Stellar

   Once you’ve chosen a platform for lending your Stellar, transfer your Stellar into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.