How to Lend Sei (SEI): A Step-by-Step Guide

Introduction

Lending Sei can be a great option for those who want to hold SEI 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 Sei (SEI) Tokens
In order to lend Sei, you need to have it. To obtain Sei, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT Sei (SEI) 0.12
OKX Sei (SEI) 0.12
Uphold Sei (SEI) 0.2
Bake Sei (SEI) 0.12
BingX Sei (SEI) 0.12
See all 26 prices
2. Choose a Sei Lender
Once you have SEI, you’ll need to choose a Sei lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
Coinbase Sei (SEI) Up to 5.04% APY
3. Lend Your Sei
Once you’ve chosen a platform to lending your Sei, transfer your Sei 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
PrimeXBT	Sei (SEI)	0.12
OKX	Sei (SEI)	0.12
Uphold	Sei (SEI)	0.2
Bake	Sei (SEI)	0.12
BingX	Sei (SEI)	0.12

Platform	Coin	Interest rate
Coinbase	Sei (SEI)	Up to 5.04% 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.