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. Get The Sandbox (SAND) Tokens

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

   Platform	Loonies	Price
   Nexo	The Sandbox (SAND)	0.3
   PrimeXBT	The Sandbox (SAND)	0.3
   Uphold	The Sandbox (SAND)	0.3
   OKX	The Sandbox (SAND)	0.3
   YouHodler	The Sandbox (SAND)	0.3
   M2	The Sandbox (SAND)	0.3

   See all 65 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	Loonies	Interest rate
   YouHodler	The Sandbox (SAND)	Up to 12 annual percentage yield
   Bitget	The Sandbox (SAND)	Up to 2.8 annual percentage yield

   See all 7 lending rates

3. 3. Lend Your The Sandbox

   Once you’ve chosen a platform for lending your The Sandbox, transfer your The Sandbox 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.