Introduction
Lending ZKsync can be a great option for those who want to hold ZK 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 ZKsync (ZK) tokens
To lend ZKsync, you need to possess it. To acquire ZKsync, you'll need to buy it. You can select from these popular exchanges.
See all 41 pricesPlatform Coin Cost Kraken ZKsync (ZK) 0.06 OKX ZKsync (ZK) 0.06 BTSE ZKsync (ZK) 0.06 Coinbase ZKsync (ZK) 0.06 Bake ZKsync (ZK) 0.06 BingX ZKsync (ZK) 0.06 2. Choose a ZKsync lender
Once you have ZK, you'll need to choose a ZKsync lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate Kucoin ZKsync (ZK) Up to 0.5% p.a. 3. Earn ZKsync
Once you've chosen a platform to earn your ZKsync, transfer your ZKsync 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
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 capitalisation
- USD 657.31M
- 24-hour volume
- USD 115.87M
- Circulating supply
- 3.68B ZK