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 United Arab Emirates with Bitget
Simple 3-step guide to buying SEND today in United Arab Emirates
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
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The United Arab Emirates (UAE) was established in 1971, and we just celebrated the 50th anniversary of the UAE in 2021. The UAE has a population of about 10 million people, with about 10% locals and 90% expatriates from all over the world. The surface area of the United Arab Emirates is 83,000 square kilometers, which is slightly larger than Ireland and smaller than Portugal. The official languages in the United Arab Emirates are English and Arabic.
The UAE, as the name suggests, is made up of several emirates, more precisely, seven emirates. The first emirate is the most important, and it is the one of Abu Dhabi, the capital of the United Arab Emirates. This one represents 80% of the Emirates territory. The second Emirates we often hear about because it is rather the tourist capital is Dubai. The other five emirates are Ajman, Fujairah, Ras Al Khaimah, Sharjah, and Umm Al Quwain.
The time difference varies depending on the season (summer or winter). Concerning temperatures, there is also a distinction between summer and winter. During the winter, you can expect temperatures between 22 and 30 degrees. In the summer, it is much warmer, and temperatures average 35 to 40 degrees.
Acting as the national currency of the United Arab Emirates is the Dirham (AED), and with Bitget, you can purchase cryptos within minutes, no matter where you are in the United Arab Emirates. Our exchange offers secure payment options to make trading more accessible and safer than ever, including P2P trading, crypto deposits, and other third-party merchants such as Apple Pay, Google Pay, and several different credit card services.