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Introduction

Lending Sui can be an excellent choice for those looking to hold SUI while earning some returns. The process might seem a bit overwhelming, particularly if you're doing it for the first time. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide for Ugandan Investors

1. 1. Acquire Sui (SUI) Tokens

   To lend Sui, you first need to possess it. To acquire Sui, you will have to buy it. You can select from these popular exchanges available in Uganda.

   E-platform	Coin	Cost
   PrimeXBT	Sui (SUI)	1.47 APY
   YouHodler	Sui (SUI)	1.47 APY
   Binance	Sui (SUI)	1.47 APY
   BTSE	Sui (SUI)	1.47 APY
   Coinbase	Sui (SUI)	1.47 APY
   Kraken	Sui (SUI)	1.47 APY

   See all 62 prices in Uganda

2. 2. Select a Sui Lender

   Once you have SUI, you'll need to select a Sui lending platform to lend your tokens. You can explore some options here.

   E-platform	Coin	APY
   Bitget	Sui (SUI)	Up to 2.5% APY
   Coinbase	Sui (SUI)	Up to 2.8% APY
   Kucoin	Sui (SUI)	Up to 2.6% APY

   View all 5 APY rates

3. 3. Earn Sui in Uganda's vibrant financial landscape

   Once you've selected a platform to earn your Sui, transfer your Sui into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay APY daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Ensure that your earning platform offers compounding APY to maximise your returns.

What to Keep in Mind

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 take to secure your cryptocurrency.