Introduction

Lending Stox can be an excellent choice for those looking to hold STX while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Stox (STX) Tokens

   To lend Stox, you first need to possess it. To acquire Stox, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	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

   View all 32 prices

2. 2. Select a Stox provider

   Once you have STX, you'll need to select a Stox lending platform to lend your tokens. You can explore some options here.

   Plattform	Kryptowährung	APY
   Kucoin	Stox (STX)	Up to 0,2 % APY

3. 3. Lend Your Stox in Germany

   Once you've selected a platform to lend your Stox, transfer your Stox into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.