Introduction
Lending Stellar can be a great option for those who wish to hold XLM but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.
Step-by-Step Guide
1. Acquire Stellar (XLM) Tokens
To lend Stellar, you need to have it. To obtain Stellar, you’ll need to buy it. You can choose from these popular exchanges.
See all 36 pricesPlatform Coin Price Nexo Stellar (XLM) 0.39 PrimeXBT Stellar (XLM) 0.38 M2 Stellar (XLM) 0.38 Uphold Stellar (XLM) 0.38 EarnPark Stellar (XLM) 0.38 Kraken Stellar (XLM) 0.38 2. Select 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.
See all 7 lending ratesPlatform Coin Interest rate Nexo Stellar (XLM) Up to 8 APY YouHodler Stellar (XLM) Up to 12 APY EarnPark Stellar (XLM) Up to 8 APY Nebeus Stellar (XLM) Up to 4.5 APY 3. Lend Your Stellar
After you have selected a platform for lending your Stellar, transfer your Stellar into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.
4. Earn Interest
Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Stellar (XLM) ka vartamaan daam $8 hai aur 24 ghante ka trading volume $39.83Cr hai. Stellar ka bazaar poonji $1.16KCr hai, jismein $3.03KCr XLM prachalan mein hai. Jo vyakti Stellar kharidna ya vinimay karna chahte hain, unke liye Nexo prastut karta hai
- Market cap
- $1.16KCr
- 24 घंटे का वॉल्यूम
- $39.83Cr
- Circulating supply
- $3.03KCr