How to Lend Sui (SUI) in the cryptocurrency market

Introduction

Lending Sui can be an excellent choice for individuals looking to hold SUI 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 Sui (SUI) Tokens

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

   Platform	Coin	Price
   PrimeXBT	Sui (SUI)	1.48 APY
   YouHodler	Sui (SUI)	1.48 APY
   Binance	Sui (SUI)	1.48 APY
   BTSE	Sui (SUI)	1.48 APY
   Coinbase	Sui (SUI)	1.47 APY
   Kraken	Sui (SUI)	1.48 APY

   View all 62 prices

2. 2. Select a Sui lending platform

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

   Platform	Coin	APY
   Bitget	Sui (SUI)	Up to 2.5% APY
   Coinbase	Sui (SUI)	Up to 2.8% APY
   Kucoin	Sui (SUI)	Up to 2.6% APY

   View all 5 loan interest rates

3. 3. Lend Your Sui for attractive APY returns

   After selecting a platform to lend your Sui, transfer your Sui 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