How to Lend SmarDex (SDEX) in the cryptocurrency market

Introduction

Lending SmarDex can be an excellent choice for individuals looking to hold SDEX 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 SmarDex (SDEX) Tokens

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

   Platform	Coin	Price
   Bitget	SmarDex (SDEX)	0.01 APY
   Bitmart	SmarDex (SDEX)	0.01 APY
   Gate.io	SmarDex (SDEX)	0.01 APY
   MEXC Global	SmarDex (SDEX)	0.01 APY
   SwissBorg	SmarDex (SDEX)	0 APY

   View all 10 prices

2. 2. Select a SmarDex lending platform

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

   Platform	Coin	APY
   Bitget	SmarDex (SDEX)	Up to 1% APY

3. 3. Lend Your SmarDex for attractive APY returns

   After selecting a platform to lend your SmarDex, transfer your SmarDex into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

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 higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks