How to Lend Sushi (SUSHI) in India

Introduction

Lending Sushi can be an excellent choice for those looking to hold SUSHI 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. 1. Acquire Sushi (SUSHI) Tokens in India

   To lend Sushi, you first need to possess it. To acquire Sushi, you'll have to buy it. You can select from these popular Indian exchanges.

   Platform	Coin	Cost
   Nexo	Sushi (SUSHI)	0.75
   YouHodler	Sushi (SUSHI)	0.75
   Binance	Sushi (SUSHI)	0.75
   BTSE	Sushi (SUSHI)	0.75
   Coinbase	Sushi (SUSHI)	0.75
   Kraken	Sushi (SUSHI)	0.75

   See all 67 rates

2. 2. Choose a Sushi Lender in India

   Once you have SUSHI, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.

   Platform	Coin	APY
   YouHodler	Sushi (SUSHI)	Up to 12% APY
   Aave	Sushi (SUSHI)	Up to 66.93% APY
   Bitget	Sushi (SUSHI)	Up to 1% APY
   Blockchain.com	Sushi (SUSHI)	Up to 3% APY

   View all 11 lending rates in India

3. 3. Lend Your Sushi in India

   Once you've selected a platform to lend your Sushi, transfer your Sushi into your wallet on the lending platform. After the deposit is made, it will begin to earn APY. Some platforms offer interest payouts daily, while others may do so weekly or monthly.

4. 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 returns. Ensure that your lending platform offers compounding interest to maximise your earnings.

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.