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) 0.42
PrimeXBT Stellar (XLM) 0.42
M2 Stellar (XLM) 0.42
Uphold Stellar (XLM) 0.42
EarnPark Stellar (XLM) 0.42
Kraken Stellar (XLM) 0.42
See all 36 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 7 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)	0.42
PrimeXBT	Stellar (XLM)	0.42
M2	Stellar (XLM)	0.42
Uphold	Stellar (XLM)	0.42
EarnPark	Stellar (XLM)	0.42
Kraken	Stellar (XLM)	0.42

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 $853.42M. The market cap of Stellar stands at $12.88B, with $30.37B XLM in circulation. For those looking to buy or trade Stellar, Nexo offers avenues to do so securely and efficiently}

Market cap: $12.88B
24h volume: $853.42M
Circulating supply: $30.37B

See latest information

Frequently Asked Questions About Lending Stellar (XLM)

What are the current lending rates for Stellar (XLM)?: Lending rates for Stellar (XLM) are subject to change due to market conditions. Use Bitcompare for real-time price comparisons and to access the latest data. Staying informed helps you make sound decisions.
How often do Stellar lending rates change?: Lending rates for Stellar can fluctuate frequently. Regularly check Bitcompare for email alerts and sentiment analysis to keep track of these changes.
Where can I find reliable information on Stellar lending rates?: Bitcompare is a trusted platform providing up-to-date information on Stellar lending rates. It offers tools like real-time price comparisons and the latest news events.
Can I set up alerts for changes in Stellar lending rates?: Yes, Bitcompare allows you to set up email alerts for any changes in Stellar lending rates. This ensures you are always informed and can react in a timely manner.
How can I stay informed about Stellar and the cryptocurrency market?: Bookmark Bitcompare and visit regularly for real-time updates on Stellar and the cryptocurrency market. This resource offers tools that help you stay ahead and make informed decisions.
Is Bitcompare a valuable tool for tracking Stellar rates?: Absolutely, Bitcompare provides comprehensive tools including real-time price comparisons, sentiment analysis, and the latest news to help track Stellar rates effectively.
Why is it important to stay updated on Stellar lending rates?: The cryptocurrency market is dynamic, and staying updated ensures you can make well-informed decisions. Tools on Bitcompare aid in tracking rate changes and news developments.
What informational features does Bitcompare offer?: Bitcompare offers real-time price comparisons, email alerts, market sentiment analysis, and updates on the latest Stellar news, essential for making informed decisions.
How can I ensure I'm always informed about the latest Stellar updates?: Regularly visit Bitcompare for the latest Stellar updates and news events. Set alerts and bookmark the page to ensure you're always in the know.
What is the role of Bitcompare in monitoring Stellar lending rates?: Bitcompare's role is to provide users with reliable and up-to-date tools for monitoring Stellar lending rates, ensuring decisions are based on the latest market information.