Introduction
Lending Stader can be a great option for those who want to hold SD 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 Stader (SD) Tokens
To lend Stader, you need to have it. To acquire Stader, you’ll need to buy it. You can choose from these popular exchanges.
See all 25 pricesPlatform Coin Price BTSE Stader (SD) 0.76 Coinbase Stader (SD) 0.76 OKX Stader (SD) 0.64 Uphold Stader (SD) 0.5 BingX Stader (SD) 0.76 Bitpanda Stader (SD) 0.99 2. Choose a Stader Lender
Once you have SD, you’ll need to choose a Stader lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Stader (SD) Up to 45% AER 3. Lend Your Stader
Once you’ve chosen a platform to lend your Stader, transfer your Stader 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
Stader (SD) is currently priced at US$45 with a 24-hour trading volume of US$7.56M. The market cap of Stader stands at US$62.54M, with 53.28M SD in circulation. For those looking to purchase or trade Stader, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$62.54M
- 24-hour volume
- US$7.56M
- Circulating supply
- 53.28M SD