Earn up to
4.2% APY
An in-depth guide on how to lend Lido Staked Ether (STETH)
We have a lot of data on lending Lido Staked Ether (STETH) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
Lido Staked Ether (STETH) is currently priced at $4.2 with a 24-hour trading volume of $66.75M. The market cap of Lido Staked Ether stands at $31.23B, with 9.63M STETH in circulation. For those looking to buy or trade Lido Staked Ether, Bitget offers avenues to do so securely and efficiently}
Lending Lido Staked Ether can be a great option for those who want to hold STETH 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.
In order to lend Lido Staked Ether, you need to have it. To obtain Lido Staked Ether, you'll need to purchase it. You can choose from these popular exchanges.
| Platform | Coin | Price |
|---|---|---|
| OKX | Lido Staked Ether (STETH) | 2,014.26 |
| BingX | Lido Staked Ether (STETH) | 3,197.22 |
| Bitget | Lido Staked Ether (STETH) | 3,195.23 |
| Gate.io | Lido Staked Ether (STETH) | 3,194.4 |
| HTX | Lido Staked Ether (STETH) | 3,139.79 |
Once you have STETH, you'll need to choose a Lido Staked Ether lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Bitget | Lido Staked Ether (STETH) | Up to 4.2% APY |
Once you've chosen a platform to lending your Lido Staked Ether, transfer your Lido Staked Ether 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.
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.
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.
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