How to Lend Zcash (ZEC) in Australia: A Step-by-Step Guide

Introduction

Lending Zcash can be a great option for those who want to hold ZEC 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 Zcash (ZEC) Tokens
To lend Zcash, you need to possess it. To acquire Zcash, you'll need to buy it. You can select from these popular exchanges.
Platform Coin Cost
PrimeXBT Zcash (ZEC) 424.13
Binance Zcash (ZEC) 424.12
Coinbase Zcash (ZEC) 425
Kraken Zcash (ZEC) 423.63
Azbit Zcash (ZEC) 423.56
Bitfinex Zcash (ZEC) 424.51
See all 35 prices
2. Choose a Zcash lender
Once you have ZEC, you'll need to choose a Zcash lending platform to lend your tokens. You can find some options here.
Platform Coin Interest rate
Gemini Zcash (ZEC) Up to 0.01% p.a.
Kucoin Zcash (ZEC) Up to 0.28% p.a.
See all 4 lending rates
3. Lend Your Zcash
Once you've chosen a platform to lend your Zcash, transfer your Zcash into your wallet on the lending 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 lending platform pays compounding interest to maximise your returns.

Platform	Coin	Cost
PrimeXBT	Zcash (ZEC)	424.13
Binance	Zcash (ZEC)	424.12
Coinbase	Zcash (ZEC)	425
Kraken	Zcash (ZEC)	423.63
Azbit	Zcash (ZEC)	423.56
Bitfinex	Zcash (ZEC)	424.51

Platform	Coin	Interest rate
Gemini	Zcash (ZEC)	Up to 0.01% p.a.
Kucoin	Zcash (ZEC)	Up to 0.28% p.a.

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 willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.

Latest Movements

missing en-au translation: common.latest-movements-copy

Market capitalisation: USD 751.63M
24-hour volume: USD 60.37M
Circulating supply: 15.84M ZEC

See the latest information

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