Introduction

Lending XSGD can be an excellent choice for individuals looking to hold XSGD 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. 1. Acquire XSGD (XSGD) Tokens

   To lend XSGD, you must first possess it. To acquire XSGD, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   平台	Coin	Price
   Coinbase	XSGD (XSGD)	0.77 APY
   Bitstamp	XSGD (XSGD)	1.77 APY
   Wirex	XSGD (XSGD)	0.75 APY

   View all 6 prices

2. 2. Select a XSGD lending platform

   Once you have XSGD, you'll need to select a XSGD lending platform to lend your tokens. You can explore several options available in the market here.

3. 3. Earn XSGD

   Once you've selected a platform to earn your XSGD, transfer your XSGD 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. 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