How to Earn Solar (SXP): A Comprehensive Guide for Indian Investors

Introduction

Lending Solar can be an excellent choice for those looking to hold SXP while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.

Step-by-Step Guide for Indian Investors

1. Acquire Solar (SXP) Tokens in India
To lend Solar, you first need to possess it. To acquire Solar, you'll have to buy it. You can select from these popular Indian exchanges.
Platform Coin Cost
Binance Solar (SXP) 0.06
Bake Solar (SXP) 0.06
BingX Solar (SXP) 0.06
Bitget Solar (SXP) 0.06
Bitmart Solar (SXP) 0.18
Bitpanda Solar (SXP) 0.39
See all 26 rates
2. Choose a Solar Lender in India
Once you have SXP, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY
Kucoin Solar (SXP) Up to 0.5% APY
3. Earn Solar in India
Once you've selected a platform to earn your Solar, transfer your Solar into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.

Platform	Coin	Cost
Binance	Solar (SXP)	0.06
Bake	Solar (SXP)	0.06
BingX	Solar (SXP)	0.06
Bitget	Solar (SXP)	0.06
Bitmart	Solar (SXP)	0.18
Bitpanda	Solar (SXP)	0.39

Platform	Coin	APY
Kucoin	Solar (SXP)	Up to 0.5% APY

What to Keep in Mind

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.