Introduction
Lending ZKsync can be a great option for those who want to hold ZK but earn yield. The steps can be 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. Acquire ZKsync (ZK) Tokens
To lend ZKsync, you'll need to have it. To get ZKsync, you'll need to buy it. You can choose from these popular exchanges.
See all 41 pricesPlatform Coin Price BTSE ZKsync (ZK) 0.05 Coinbase ZKsync (ZK) 0.05 Kraken ZKsync (ZK) 0.05 OKX ZKsync (ZK) 0.05 Bake ZKsync (ZK) 0.05 BingX ZKsync (ZK) 0.05 2. Choose a ZKsync Lender
Once you have ZK, you'll need to choose a ZKsync lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin ZKsync (ZK) Up to 0.5% APY 3. Earn ZKsync
Once you've chosen a platform for earning your ZKsync, transfer your ZKsync into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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. Try to make sure your earning platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
ZKsync (ZK) is currently priced at USD 0.5 with a 24-hour trading volume of USD 115.87M. The market cap of ZKsync stands at USD 657.31M, with 3.68B ZK in circulation. For those looking to buy or trade ZKsync, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 657.31M
- 24h volume
- USD 115.87M
- Circulating supply
- 3.68B ZK