Introduction
Lending SideShift can be a great option for those who want to hold XAI 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. Obtain SideShift (XAI) Tokens
To lend SideShift, you need to have it. To acquire SideShift, you’ll need to buy it. You can choose from these popular exchanges.
See all 8 pricesPlatform Coin Price Azbit SideShift (XAI) 0.00006 CoinEx SideShift (XAI) 0.15 Kucoin SideShift (XAI) 0.06 Phemex SideShift (XAI) 0.06 2. Choose a SideShift Lender
Once you have XAI, you’ll need to choose a SideShift lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin SideShift (XAI) Up to 0.63% AER 3. Lend Your SideShift
Once you’ve chosen a platform to lend your SideShift, transfer your SideShift into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are 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 ensure your lending platform pays compound interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Ensure 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
SideShift (XAI) is currently priced at US$0.63 with a 24-hour trading volume of US$71,551. The market cap of SideShift stands at US$23.73M, with 144.18M XAI in circulation. For those looking to purchase or trade SideShift, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$23.73M
- 24-hour volume
- US$71,551
- Circulating supply
- 144.18M XAI