What Is Suilend (SEND)?
Suilend is a decentralized lending and borrowing protocol built on the Sui blockchain. It enables users to deposit cryptocurrency to earn interest or borrow assets against their holdings. Designed for scalability and efficiency, Suilend takes advantage of Sui’s high throughput and low latency to provide a seamless DeFi (decentralized finance) experience.
The protocol includes innovative features such as isolated lending pools, which help manage risk, integrated token swaps for enhanced user convenience, and SpringSui liquid staking, which allows for flexible use of staked assets. Suilend’s native token, SEND, facilitates governance, incentivizes platform participation, and provides utility within the ecosystem.
How Suilend Works
Suilend operates through two types of lending pools: Main Asset Pools, which include established, low-risk cryptocurrencies, and Isolated Asset Pools, which manage newer or high-risk tokens by containing their risks. This dual-pool system helps balance stability and experimentation within the platform.
The protocol also integrates features like a built-in token swap for seamless transactions and SpringSui liquid staking, allowing users to stake SUI tokens and use their liquid form (sSUI) in DeFi activities. Together, these mechanisms streamline user experiences and enhance capital efficiency.
Who Are the Founders of Suilend?
Suilend is developed by the team behind Solend, a popular decentralized lending protocol on the Solana blockchain. The pseudonymous founder of Solend, Rooter, has described Sui as a blockchain offering advanced developer tools that improve scalability and security for decentralized applications (dApps).
How Many Suilend (SEND) Tokens Are in Circulation?
SEND, the native token of the Suilend, is available on various exchanges. It has a total supply of 100 million tokens.
How to Buy Suilend (SEND) on Bitget?
Consider investing in Suilend (SEND)? Follow these steps:
1. Create an account on Bitget .
2. Verify your identity.
3. Deposit funds.
4. Check out the available SEND trading pairs on Bitget.
Is Suilend (SEND) a Good Investment?
Suilend introduces features like isolated lending pools and liquid staking within the DeFi space, leveraging the scalability of the Sui blockchain. However, as with any cryptocurrency, investing in SEND involves risks such as market fluctuations and technical uncertainties. Careful research and an understanding of personal risk tolerance are recommended before considering an investment.
Buy Suilend in Rwanda with Bitget
Simple 3-step guide to buying SEND today in Rwanda
Create your free Bitget account
Select a funding method
Complete your Suilend purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Suilend using a payment method of your choice:
Buy Suilend with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Suilend order.
How to buy crypto with credit/debit cardBuy Suilend with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Suilend is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Suilend order.How to buy crypto via third-party gatewayBuy with bank transfer
We accept various payment methods, including iDeal and SEPA for EUR, PIX for BRL, PayID for AUD, UPI for INR, QRIS, DANA, and OVO for IDR, SPEI for MXN, and GCash for PHP. These services are facilitated by Alchemy Pay, Banxa, Mercuryo, and Simplex payment gateways. Simply select Buy Crypto > [Third Party] in the top navigation bar and select a fiat currency to place your Suilend order.Buy Suilend with the fiat balance in your Bitget account
You can Deposit fiat funds using Advcash, SEPA, Faster Payments, or PIX payment gateways to top up your Bitget fiat balance. Then, click Buy Crypto > [Cash conversion] in the top navigation bar to place your Suilend order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Suilend in your Bitget spot wallet
Bitget—where the world trades Suilend
How to buy Suilend for free
- Learn how to earn Suilend for free through the Learn2Earn promotion
- Earn free Suilend by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Suilend airdrops by joining On-going challenges and promotions
Buy other cryptos
Buy Suilend in a different country
Rwanda is a country located in the great rift valley of Central Africa. Located a few degrees south of the Equator, Rwanda is bordered by Uganda, Tanzania, Burundi, and the Democratic Republic of the Congo. The official currency of Rwanda is the Rwandan franc (RWF), and Rwanda has a population of 13,676,660. It will only take a few minutes to buy Suilend(SEND) and other cryptocurrencies on the Bitget platform from Rwanda using P2P trading, crypto deposit, and third-party merchants like Apple pay and Google pay.
Rwanda is beautifully surrounded by friendly cities like Kigali, Kicukiro, Rutongo, and Kacyiru. The exciting part is whichever city you are in Rwanda, Bitget will be there to provide you with a transparent and smooth crypto trading experience. The official languages of Rwanda are Kinyarwanda, French, Swahili, and English, and the Bitget app and website are available in French and English.
Popularly Known as the "land of a thousand hills," located just south of the Equator, the climate is pleasantly warm all year round. The country has four primary climatic regions: eastern plains, central plateau, highlands, and regions around Lake Kivu. Rwanda has very beautiful landscapes that feature forests, swamps, hills, mountains, and an expansive savannah. You can trade using the Bitget app and website in any location you find yourself in Rwanda.
Rwanda gained independence from Belgium in 1962. Rwanda was a German colony from 1883 until 1919, when it was converted to a League of Nations Mandate Territory following Germany's defeat by Allied Forces at the end of the First World War. Belgium formally accepted to administer the mandate territory on behalf of the League of Nations in 1923. Rwanda has many beautiful attractions, such as Kigali Genocide Memorial, Inema Art Center, Nyamata Church, Kimironko Market, Volcanoes National Park, 1000 Hills, and many others.