Where and How to Lend Stellar (XLM)

Introduction

Lending Stellar can be a great option for those who want to hold XLM 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. 1. Obtain Stellar (XLM) Tokens

   To lend Stellar, you need to have it. To acquire Stellar, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Stellar (XLM)	0.41
   PrimeXBT	Stellar (XLM)	0.41
   M2	Stellar (XLM)	0.41
   Uphold	Stellar (XLM)	0.41
   EarnPark	Stellar (XLM)	0.41
   Kraken	Stellar (XLM)	0.41

   See all 36 prices

2. 2. Choose a Stellar Lender

   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	Interest rate
   Nexo	Stellar (XLM)	Up to 8 AER
   YouHodler	Stellar (XLM)	Up to 12 AER
   EarnPark	Stellar (XLM)	Up to 8 AER
   Nebeus	Stellar (XLM)	Up to 4.5 AER

   See all 7 lending rates

3. 3. Lend Your Stellar

   Once you’ve chosen a platform to lend your Stellar, transfer your Stellar 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. 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.