Introduction
Lending ZKsync can be a great option for those who want to hold ZK but earn yield. The steps can be a little 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 need to have it. To get ZKsync, you'll have to buy it. You can choose from these popular exchanges.
See all 41 pricesPlatform Loonies Price Kraken ZKsync (ZK) 0.05 OKX ZKsync (ZK) 0.05 BTSE ZKsync (ZK) 0.05 Coinbase ZKsync (ZK) 0.05 MEXC Global ZKsync (ZK) 0.05 Bitget 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 check out some options here.
Platform Loonies Interest rate Kucoin ZKsync (ZK) Up to 0.5% annual percentage yield 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 pay 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 maximize 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 US$0.5 with a 24-hour trading volume of US$115.87M. The market cap of ZKsync is currently at US$657.31M, with 3.68B ZK in circulation. For those interested in buying or trading ZKsync, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$657.31M
- 24h volume
- US$115.87M
- Circulating supply
- 3.68B ZK