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) 0.33
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
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)	0.33
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

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 $8 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 factors can influence Stellar (XLM) lending rates?: Stellar lending rates can be influenced by market demand, supply, geopolitical events, and overall crypto market conditions. Stay informed by using Bitcompare's tools like real-time price comparisons and the latest Stellar news.
How often do Stellar lending rates change?: Lending rates can change frequently due to market volatility. Regularly check Bitcompare for real-time updates and email alerts to stay ahead.
Where can I find the best Stellar lending rates?: Bitcompare provides a trusted platform for comparing multiple exchanges, ensuring you can find the most competitive Stellar lending rates available.
Are there tools to help me track Stellar lending rates?: Yes, Bitcompare offers tools like real-time price comparisons, sentiment analysis, and email alerts to help you track Stellar lending rates easily.
Why should I use Bitcompare for Stellar lending rate information?: Bitcompare is a reliable platform that provides comprehensive data, real-time comparisons, and the latest news, ensuring you have all the information needed to make informed decisions.
How can I stay updated on Stellar lending rates?: Bookmark Bitcompare's page and check regularly for updates, real-time comparisons, and news to stay well-informed about Stellar lending rates.
Is it important to keep track of Stellar news and events?: Yes, Stellar news and events can impact lending rates. Using Bitcompare's tools keeps you informed of the latest developments and their potential effects.