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Where and How to Lend Synthetix Network (SNX)

Earn up to
12 APY

Lend with YouHodler

What you'll learn

  1. 1

    How to Lend Synthetix Network (SNX)

    An in-depth guide on how to lend Synthetix Network (SNX)

  2. 2

    Statistics about Synthetix Network Lending

    We have a lot of data on lending Synthetix Network (SNX) and we share some of this with you.

  3. 3

    Other coins you can Lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Synthetix Network can be a great option for those who want to hold SNX 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 Synthetix Network (SNX) Tokens

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

  2. 2. Choose a Synthetix Network Lender

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

    PlatformCoinInterest rate
    YouHodlerSynthetix Network (SNX)Up to 12 APY
    BitgetSynthetix Network (SNX)Up to 1.5 APY
    KucoinSynthetix Network (SNX)Up to 0.21 APY
  3. 3. Lend Your Synthetix Network

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

Latest Movements

Synthetix Network (SNX) is currently priced at $1.5 with a 24-hour trading volume of $133,283,871. The market cap of Synthetix Network stands at $870,789,612, with $327,769,470.99 SNX in circulation. For those looking to buy or trade Synthetix Network, YouHodler offers avenues to do so securely and efficiently}

Market cap
$870.79M
24h volume
$133.28M
Circulating supply
$327.77M
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