Introduction
Lending Stox can be an excellent choice for individuals looking to hold STX while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.
Step-by-Step Guide
1. Acquire Stox (STX) Tokens
To lend Stox, you must first possess it. To acquire Stox, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.
View all 32 pricesPlatform Coin Price YouHodler Stox (STX) 0.26 APY Binance Stox (STX) 0.26 APY Coinbase Stox (STX) 0.26 APY Kraken Stox (STX) 0.26 APY OKX Stox (STX) 0.65 APY Bake Stox (STX) 0.26 APY 2. Select a Stox lending platform
Once you have STX, you'll need to select a Stox lending platform to lend your tokens. You can explore several options available in the market here.
Platform Coin APY Kucoin Stox (STX) Up to 0.2% APY 3. Earn Stox
Once you've selected a platform to earn your Stox, transfer your Stox into your wallet on the earning platform. After the deposit is completed, it will begin to accrue interest. Some platforms offer interest payments daily, while others may do so weekly or monthly.
4. Earn APY on Your Assets
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the greater your potential earnings. Be sure to choose a platform that offers compounding interest to maximize your returns.
What to Consider in the Chinese Market
Lending your cryptocurrency can involve significant risks
Recent Developments
- Market capitalization
- $185,747
- missing en-cn translation: common.volume-24h
- $49.31
- Circulating supply in the market
- 51.63M STX
