How to Lend Sushi (SUSHI): A Step-by-Step Guide for South Africans

Introduction

Lending Sushi can be an excellent choice for those looking to hold SUSHI while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. Acquire Sushi (SUSHI) Tokens
To lend Sushi, you first need to possess it. To acquire Sushi, you'll need to buy it. You can select from these well-known exchanges.
Platform Mint Cost
Nexo Sushi (SUSHI) 0,3
YouHodler Sushi (SUSHI) 0,3
Binance Sushi (SUSHI) 0,3
BTSE Sushi (SUSHI) 0,3
Coinbase Sushi (SUSHI) 0,3
Kraken Sushi (SUSHI) 0,3
View all 67 prices
2. Select a Sushi Lender
Once you have SUSHI, you'll need to select a Sushi lending platform to lend your tokens. You can explore some options here.
Platform Mint APY
YouHodler Sushi (SUSHI) Up to 12% APY
Aave Sushi (SUSHI) Up to 66,93% APY
Bitget Sushi (SUSHI) Up to 1% APY
Blockchain.com Sushi (SUSHI) Up to 3% APY
View all 11 lending APYs
3. Lend Your Sushi
Once you've selected a platform to lend your Sushi, transfer your Sushi into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in South Africa
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

Platform	Mint	Cost
Nexo	Sushi (SUSHI)	0,3
YouHodler	Sushi (SUSHI)	0,3
Binance	Sushi (SUSHI)	0,3
BTSE	Sushi (SUSHI)	0,3
Coinbase	Sushi (SUSHI)	0,3
Kraken	Sushi (SUSHI)	0,3

Platform	Mint	APY
YouHodler	Sushi (SUSHI)	Up to 12% APY
Aave	Sushi (SUSHI)	Up to 66,93% APY
Bitget	Sushi (SUSHI)	Up to 1% APY
Blockchain.com	Sushi (SUSHI)	Up to 3% APY

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.