Introduction
Lending The Sandbox (Wormhole) can be a great option for those who want to hold SAND but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire The Sandbox (Wormhole) (SAND) Tokens
To lend The Sandbox (Wormhole), you need to possess it. To acquire The Sandbox (Wormhole), you’ll need to buy it. You can select from these popular exchanges.
2. Choose a The Sandbox (Wormhole) Lender
Once you have SAND, you'll need to choose a The Sandbox (Wormhole) lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin The Sandbox (Wormhole) (SAND) Up to 0.42% AER 3. Earn The Sandbox (Wormhole)
Once you've selected a platform to earn your The Sandbox (Wormhole), transfer your The Sandbox (Wormhole) into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
The Sandbox (Wormhole) (SAND) is currently priced at US$0.42 with a 24-hour trading volume of US$417.6. For those looking to purchase or trade The Sandbox (Wormhole), Kucoin offers avenues to do so securely and efficiently}
- 24-hour volume
- US$417.6