missing en-gb translation: how-to.verb.earn.hero.heading

Introduction

Lending Stellar can be an excellent option for those who wish to hold XLM while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain Stellar (XLM) Tokens

   To lend Stellar, you need to possess it. To obtain Stellar, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   Nexo	Stellar (XLM)	0.23
   PrimeXBT	Stellar (XLM)	0.22
   EarnPark	Stellar (XLM)	0.22
   YouHodler	Stellar (XLM)	0.22
   Binance	Stellar (XLM)	0.22
   Coinbase	Stellar (XLM)	0.22

   View all 70 prices

2. 2. Choose a Stellar Lender in the UK

   Once you have XLM, you'll need to choose a Stellar lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   Nexo	Stellar (XLM)	Up to 8% AER
   Nebeus	Stellar (XLM)	Up to 4.5% AER
   EarnPark	Stellar (XLM)	Up to 8% AER
   YouHodler	Stellar (XLM)	Up to 12% AER
   Blockchain.com	Stellar (XLM)	Up to 1% AER

   View all 12 loan rates

3. 3. Earn Stellar

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

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.

What to Be Aware Of

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