Where & how to lend The Sandbox (SAND)

Introduction

Lending The Sandbox can be a great option for those who want to hold SAND 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 The Sandbox (SAND) tokens

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

   Platform	Coin	Price
   Bitpanda	The Sandbox (SAND)	$0.2398
   M2	The Sandbox (SAND)	$0.2394
   YouHodler	The Sandbox (SAND)	$0.2393
   Uphold	The Sandbox (SAND)	$0.2767
   Wirex	The Sandbox (SAND)	$0.241
   Kraken	The Sandbox (SAND)	$0.2397

   See all 21 prices

2. 2. Choose a The Sandbox lender

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

   Platform	Coin	Interest rate
   M2	The Sandbox (SAND)	Up to 7.5% APY
   YouHodler	The Sandbox (SAND)	Up to 11% APY
   OKX	The Sandbox (SAND)	Up to 1% APY

   See all 6 lending rates

3. 3. Lend your The Sandbox

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