Where & how to lend Stellar (XLM)

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

1. 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
   Bitpanda	Stellar (XLM)	$0.0892
   M2	Stellar (XLM)	$0.0886
   YouHodler	Stellar (XLM)	$0.0887
   Uphold	Stellar (XLM)	$0.0985
   Wirex	Stellar (XLM)	$0.0892
   EarnPark	Stellar (XLM)	$0.0884

   See all 20 prices

2. 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 11% APY
   EarnPark	Stellar (XLM)	Up to 8% APY
   Nebeus	Stellar (XLM)	Up to 4.5% APY

   See all 7 lending rates

3. 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. 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.