Introduction
Lending Sushi can be an excellent choice for those looking to hold SUSHI while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.
Step-by-Step Guide
1. Acquire Sushi (SUSHI) Tokens
To lend Sushi, you must first acquire it. To obtain Sushi, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
See all 67 pricesPlatform Coin Price Nexo Sushi (SUSHI) 0.32 YouHodler Sushi (SUSHI) 0.32 Binance Sushi (SUSHI) 0.32 BTSE Sushi (SUSHI) 0.32 Coinbase Sushi (SUSHI) 0.32 Kraken Sushi (SUSHI) 0.32 2. Choose a Sushi Lender
Once you have SUSHI, you'll need to select a Sushi lending platform to lend your tokens. You can explore some options here.
See all 11 lending ratesPlatform Coin Interest rate 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 3. Earn Sushi
Once you've selected a platform to earn your Sushi, transfer your Sushi 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
Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.
What to be Aware of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.
Latest Movements
Sushi (SUSHI) is currently priced at US$66.93 with a 24-hour trading volume of US$109.81M. The market cap of Sushi stands at US$281.24M, with 192.79M SUSHI in circulation. For those looking to buy or trade Sushi, YouHodler offers avenues to do so securely and efficiently}
- Market cap
- US$281.24M
- 24h volume
- US$109.81M
- Circulating supply
- 192.79M SUSHI
