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 Algeria
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 On-going challenges and promotions
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FAQ
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Situated in North Africa and neighbour to four different countries, including Tunisia, Libya, Niger, and Mali, the nation of Algeria is home to 44 million people and is the ninth most populous state in the region. Thanks to its massive reserves of oil and natural gas, the country also boasts one of the largest economies on the African continent, reaching an estimated GDP of more than US$600 billion in 2022. Algiers stands as Algeria's capital city, with other notable ones including Oran, Constantine, Annaba, and Blida.
With 58 provinces and a whopping 1541 communes, there's plenty to see and do in Algeria. An estimated 2.7 million foreign tourists visit the country every year, journeying to its top attractions such as its seven UNESCO world heritage sites: the Beni Hammad Fort, Djémila, the Kasbah of Algiers, the M'Zab Valley, Tassili n'Ajjer, Timgad, and Tipasa.
The national currency of Algeria is the Dinar (DZD), and with Bitget, you can purchase Lido Staked Ether(STETH) in just a matter of minutes, no matter where you are in the country, whether it's Algiers, Oran, Constantine, Annaba, or Blida. Our exchange offers a series of secure payment options to make trading easier and safer than ever, including P2P trading, crypto deposits, other third-party merchants such as Apple Pay, Google Pay, and a number of different credit card services.