Where and How to Lend Sushi (SUSHI)

Introduction

Lending Sushi can be a great option for those who want to hold SUSHI 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 Guide

1. 1. Obtain Sushi (SUSHI) Tokens

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

   Platform	Coin	Price
   Nexo	Sushi (SUSHI)	0.72
   Bitpanda	Sushi (SUSHI)	0.73
   Kraken	Sushi (SUSHI)	0.72
   OKX	Sushi (SUSHI)	0.72
   YouHodler	Sushi (SUSHI)	0.72
   Binance	Sushi (SUSHI)	0.72

   See all 25 prices

2. 2. Choose a Sushi Lender

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

   Platform	Coin	Interest rate
   YouHodler	Sushi (SUSHI)	Up to 12.00 APY
   Bitget	Sushi (SUSHI)	Up to 1.00 APY
   Kucoin	Sushi (SUSHI)	Up to 0.50 APY

   See all 6 lending rates

3. 3. Lend Your Sushi

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