Where and how to buy Lido Staked Ether
Step-by-step guide
Step 1: Create a Bitget account.
Step 2: Complete Bitget's identity verification.
Step 3: Place a Lido Staked Ether order through any of the various payment options provided.
Step 4:Monitor Lido Staked Ether in your Bitget spot account
Alternative methods to obtain Lido Staked Ether
Convert crypto to Lido Staked Ether with Bitget Convert
Swap on-chain assets to Lido Staked Ether with Bitget Swap
Methods to obtain Lido Staked Ether for free
Buy other cryptos
Buy Lido Staked Ether in a different country
How to buy Lido Staked Ether in other countries?
What can you do with Lido Staked Ether?
Store/Hold Lido Staked Ether
Many users hold on to their Lido Staked Ether with the expectation of it increasing in value. You can store your STETH safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Lido Staked Ether
You can trade Lido Staked Ether for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Lido Staked Ether trading to meet your needs.
Send Lido Staked Ether
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Lido Staked Ether online and send to anyone and anywhere with their Lido Staked Ether address.
Spend Lido Staked Ether
You can also buy goods and services with your Lido Staked Ether. More and more vendors and retailers accept Lido Staked Ether every day.
Donate Lido Staked Ether
Bitget Charity accepts Lido Staked Ether donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Lido Staked Ether so no one misses out on the growth made possible by blockchain.
Learn More About Lido Staked Ether
You can read more in-depth articles on Lido Staked Ether from Bitget Research and study how cryptocurrencies like Lido Staked Ether work on Bitget Academy
Market stats to assist in determining optimal times for purchasing Lido Staked Ether
What is Lido Staked Ether (STETH)?
Lido is a platform that enables users to earn interest on their digital assets by staking them while keeping them liquid for use in other DeFi applications. It was initially launched on Ethereum in 2020, allowing users to stake ETH to receive STETH, a token that represents staked ETH in Lido. STETH is not only where the value of the initial deposit and staking rewards are combined, but also can be used to maximize yield through collateralization, lending, yield farming, and other DeFi protocols.
How Lido Staked Ether (STETH) Works
STETH tokens are minted upon deposit and burned when redeemed, and balances are issued 1:1 to the ethers that are staked. STETH balances are updated through a daily “rebase” mechanism, and can be used like ETH, allowing users to earn Ethereum staking rewards while benefiting from yields across DeFi products. STETH tokens are fully liquid and can be used for trading, selling, exchanging, and investing in DeFi projects.
How Many Lido Staked Ether (STETH) Tokens Are in Circulation?
STETH does not have a total supply. Its circulating supply is 6,079,538.
How to Buy Lido Staked Ether (STETH)
Consider investing in Lido Staked Ether (STETH)? It only takes 2 minutes to create an account on Bitget and start trading STETH.
Check out the available STETH trading pairs on Bitget!
Spot market
Lido Staked Ether (STETH) Resources
How to safely store your Lido Staked Ether
- Sign up and transfer STETH to your Bitget account.
- Alternatively, use Bitget Wallet as a self-custody solution for your STETH.
How to withdraw Lido Staked Ether with Bitget's hassle-free withdrawal process
STETH to local currency
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