How to Lend Sushi (SUSHI) in the cryptocurrency market

Introduction

Lending Sushi can be an excellent choice for individuals looking to hold SUSHI 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 Sushi (SUSHI) Tokens

   To lend Sushi, you must first possess it. To acquire Sushi, 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
   Nexo	Sushi (SUSHI)	0.81 APY
   YouHodler	Sushi (SUSHI)	0.81 APY
   Kraken	Sushi (SUSHI)	0.81 APY
   OKX	Sushi (SUSHI)	0.54 APY
   Binance	Sushi (SUSHI)	0.81 APY
   BTSE	Sushi (SUSHI)	0.81 APY

   View all 67 prices

2. 2. Select a Sushi lending platform

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

   平台	Coin	APY
   YouHodler	Sushi (SUSHI)	Up to 12% APY
   Aave	Sushi (SUSHI)	Up to 66.93% APY
   Bitget	Sushi (SUSHI)	Up to 1% APY
   Blockchain.com	Sushi (SUSHI)	Up to 3% APY

   View all 11 loan interest rates

3. 3. Lend Your Sushi for attractive APY returns

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