Where and How to Lend Stellar (XLM)

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. 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.

   Platform	Coin	Price
   Nexo	Stellar (XLM)	0.23
   Bitpanda	Stellar (XLM)	0.23
   Uphold	Stellar (XLM)	0.23
   EarnPark	Stellar (XLM)	0.24
   PrimeXBT	Stellar (XLM)	0.23
   Kraken	Stellar (XLM)	0.24

   See all 29 prices

2. 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.

   Platform	Coin	Interest rate
   Nexo	Stellar (XLM)	Up to 8.00 APY
   YouHodler	Stellar (XLM)	Up to 12.00 APY
   EarnPark	Stellar (XLM)	Up to 8.00 APY
   Nebeus	Stellar (XLM)	Up to 4.50 APY

   See all 7 lending rates

3. 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. 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.