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

Introduction

Lending Stellar can be a great option for those who want to hold XLM but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Stellar (XLM) Tokens
In order to lend Stellar, you need to have it. To obtain Stellar, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Nexo Stellar (XLM) 0.33
PrimeXBT Stellar (XLM) 0.33
M2 Stellar (XLM) 0.33
Uphold Stellar (XLM) 0.33
EarnPark Stellar (XLM) 0.34
Kraken Stellar (XLM) 0.33
See all 70 prices
2. Choose 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 APY
YouHodler Stellar (XLM) Up to 12 APY
EarnPark Stellar (XLM) Up to 8 APY
Nebeus Stellar (XLM) Up to 4.5 APY
Kucoin Stellar (XLM) Up to 0.03 APY
See all 12 lending rates
3. Lend Your Stellar
Once you’ve chosen a platform to lending your Stellar, transfer your Stellar into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Nexo	Stellar (XLM)	0.33
PrimeXBT	Stellar (XLM)	0.33
M2	Stellar (XLM)	0.33
Uphold	Stellar (XLM)	0.33
EarnPark	Stellar (XLM)	0.34
Kraken	Stellar (XLM)	0.33

Platform	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
Kucoin	Stellar (XLM)	Up to 0.03 APY

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

Stellar (XLM) is currently priced at $1 with a 24-hour trading volume of $490.63M. The market cap of Stellar stands at $12.06B, with 30.38B XLM in circulation. For those looking to buy or trade Stellar, Nexo offers avenues to do so securely and efficiently}

Market cap: $12.06B
24h volume: $490.63M
Circulating supply: 30.38B XLM

See latest information

Frequently Asked Questions About Lending Stellar (XLM)

What are the current lending rates for Stellar (XLM)?: Lending rates for Stellar (XLM) can vary depending on the platform and current market conditions. Use tools on Bitcompare for real-time price comparisons and updates. Stay informed to optimize your lending options.
How often do Stellar (XLM) lending rates change?: Lending rates can fluctuate frequently based on supply and demand. Stay updated with Bitcompare's tools such as price comparisons and alerts to keep track of changes in the market.
Can I compare Stellar (XLM) lending rates on different exchanges?: Yes, you can use Bitcompare's real-time comparison tools to evaluate lending rates across reputable exchanges. This can help you make well-informed decisions based on current data.
How can I stay informed about changes in Stellar (XLM) lending rates?: Stay updated by checking Bitcompare regularly and using their email alerts and sentiment analysis tools. Bookmark the page to ensure you can quickly access the latest updates.
Are there any alerts for changes in Stellar (XLM) lending rates?: Yes, Bitcompare offers email alerts to keep you informed of any significant changes in Stellar (XLM) lending rates. Use these alerts to stay ahead in the dynamic crypto market.
Why is it important to compare Stellar (XLM) lending rates?: Comparing lending rates helps you get the best possible returns or pay the lowest fees. Bitcompare's tools provide crucial insights, helping you to stay informed and make smart decisions.