Where and How to Lend Sui (SUI)

Introduction

Lending Sui can be a great option for those who want to hold SUI 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. 1. Obtain Sui (SUI) Tokens

   In order to lend Sui, you need to have it. To obtain Sui, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Sui (SUI)	2.04
   Bitpanda	Sui (SUI)	1.99
   Uphold	Sui (SUI)	2.04
   Kraken	Sui (SUI)	2.01
   OKX	Sui (SUI)	2.01
   Binance	Sui (SUI)	1.96

   See all 20 prices

2. 2. Choose a Sui Lender

   Once you have SUI, you’ll need to choose a Sui lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Sui (SUI)	Up to 0.50 APY
   Bitget	Sui (SUI)	Up to 2.50 APY
   OKX	Sui (SUI)	Up to 1.00 APY

3. 3. Lend Your Sui

   Once you’ve chosen a platform to lending your Sui, transfer your Sui 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. 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.

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.