How to Lend Sui (SUI) in Portugal: A Step-by-Step Guide

Introduction

Lending Sui can be an excellent choice for those looking to hold SUI while generating yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Navigating Cryptocurrency in Portugal 1

1. Acquire Sui (SUI) Tokens in Portugal
To lend Sui in Portugal, you first need to possess it. To acquire Sui, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.
Plataforma Moeda Price in Portugal
PrimeXBT Sui (SUI) 1,79
YouHodler Sui (SUI) 1,78
Binance Sui (SUI) 1,79
BTSE Sui (SUI) 1,78
Coinbase Sui (SUI) 1,79
Kraken Sui (SUI) 1,78
View all 62 prices
2. Select a Sui Lender in Portugal
Once you have SUI, you'll need to select a Sui lending platform to lend your tokens. You can explore some options tailored for the Portuguese market here.
Plataforma Moeda APY
Bitget Sui (SUI) Up to 2,5% APY in Portugal
Coinbase Sui (SUI) Up to 2,8% APY in Portugal
Kucoin Sui (SUI) Up to 2,6% APY in Portugal
Explore all 5 lending rates available in Portugal
3. Lend Your Sui in Portugal
Once you've selected a platform to lend your Sui, transfer your Sui into your wallet on the lending platform. After it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others may 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 more interest you can accumulate. Ensure that your lending platform offers compounding interest to maximise your returns in the Portuguese market.