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
Simple 3-step guide to buying STETH today in Malaysia
Create your free Bitget account
Select a funding method
Complete your Lido Staked Ether purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Lido Staked Ether using a payment method of your choice:
Buy Lido Staked Ether 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 Lido Staked Ether order.
How to buy crypto with credit/debit cardBuy Lido Staked Ether with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Lido Staked Ether is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Lido Staked Ether 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 Lido Staked Ether order.Buy Lido Staked Ether 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 Lido Staked Ether 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 Lido Staked Ether in your Bitget spot wallet
Bitget—where the world trades Lido Staked Ether
How to buy Lido Staked Ether for free
- Learn how to earn Lido Staked Ether for free through the Learn2Earn promotion
- Earn free Lido Staked Ether by inviting friends to join Bitget's Assist2Earn promotion
- Receive free Lido Staked Ether airdrops by joining ongoing challenges and promotions
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FAQ
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Malaysia is a country in Southeast Asia, consisting of thirteen states and two territories with a population of 33,871,431. Malaysia is bordered by Thailand, Indonesia, Singapore, and Vietnam. Kuala Lumpur is the ceremonial, legislative, and judicial capital and largest city. And the official capital is Putrajaya.
The currency of Malaysia is the Ringgit (MYR). It does only take a few minutes to buy Lido Staked Ether(STETH) or other cryptocurrencies on Bitget by MYR, including Crypto Deposit, P2P Trading, and Third-Party Payments (using your own credit card, Apple Pay or Google Pay.)
Whether you're in Kuala Lumpur, Putrajaya, Kuching, Ipoh, and George Town…Bitget is ready to serve any kind of need in cryptocurrency, no matter P2P, spot, or futures trading.
Malaysian Malay, a standard variety of Malay, is the country's official language. English remains an active second language. And the Bitget app and website are available in English.
Malaysia is divided into two parts by the South China Sea, Peninsular Malaysia, and Borneo's East Malaysia. Wherever you are in Malaysia, there is no better place to trade cryptocurrencies or crypto futures than right here with Bitget, which has already acquired the U.S. MSB License, Canada MSB License, and Australia (DCE) License.
Malaysia is the ex-colony of Great Britain. Malaysians, Chinese, and Indians are the major population of Malaysia. Petronas Twin Towers at Kuala Lumpur, Perhentian Islands, Sipadan Island, and Penang Hill are the most famous attractions in Malaysia.