Introduction
Lending Zilliqa can be a great option for those who want to hold ZIL while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Zilliqa (ZIL) tokens
To lend Zilliqa, you need to possess it. To acquire Zilliqa, you'll need to buy it. You can select from these popular exchanges.
See all 45 pricesPlatform Coin Cost EarnPark Zilliqa (ZIL) 0.01 YouHodler Zilliqa (ZIL) 0.01 Uphold Zilliqa (ZIL) 0.01 OKX Zilliqa (ZIL) 0.01 Binance Zilliqa (ZIL) 0.01 Bake Zilliqa (ZIL) 0.01 2. Choose a Zilliqa lender
Once you have ZIL, you'll need to choose a Zilliqa lending platform to lend your tokens. You can find some options here.
See all 6 lending ratesPlatform Coin Interest rate YouHodler Zilliqa (ZIL) Up to 12% p.a. EarnPark Zilliqa (ZIL) Up to 10% p.a. Kucoin Zilliqa (ZIL) Up to 1% p.a. 3. Earn Zilliqa
Once you've chosen a platform to earn your Zilliqa, transfer your Zilliqa into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Ensure your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don't lend more than you're prepared to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Zilliqa (ZIL) is currently priced at USD 12 with a 24-hour trading volume of USD 36.02M. The market cap of Zilliqa stands at USD 409.88M, with 19.38B ZIL in circulation. For those looking to buy or trade Zilliqa, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- USD 409.88M
- 24-hour volume
- USD 36.02M
- Circulating supply
- 19.38B ZIL