Introduction

Lending Stox is an excellent choice for those looking to hold STX while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Stox (STX) Tokens

   To lend Stox, you must first possess it. To acquire Stox, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   YouHodler	Stox (STX)	0.26
   Binance	Stox (STX)	0.26
   Coinbase	Stox (STX)	0.26
   Kraken	Stox (STX)	0.26
   OKX	Stox (STX)	0.65
   Bake	Stox (STX)	0.26

   View all 32 prices

2. 2. Select a Stox Lender

   Once you have STX, you'll need to select a Stox lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Kucoin	Stox (STX)	Earn up to 0.2% APY

3. 3. Earn Stox

   After selecting a platform to earn your Stox, transfer your Stox to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.