How to Lend Stellar (XLM): A Step-by-Step Guide for the UK

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. 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) 0.22
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. 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. 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 AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Nexo	Stellar (XLM)	0.22
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

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

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.