Introduction
Lending Tezos can be a great option for those who want to hold XTZ 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. Get Tezos (XTZ) Tokens
To lend Tezos, you need to have it. To get Tezos, you'll need to buy it. You can choose from these popular exchanges.
See all 56 pricesPlatform Loonies Price PrimeXBT Tezos (XTZ) 0.73 Uphold Tezos (XTZ) 0.73 OKX Tezos (XTZ) 0.75 YouHodler Tezos (XTZ) 0.73 Binance Tezos (XTZ) 0.73 BTSE Tezos (XTZ) 0.73 2. Choose a Tezos Lender
Once you have XTZ, you’ll need to choose a Tezos lending platform to lend your tokens. You can see some options here.
See all 6 lending ratesPlatform Loonies Interest rate YouHodler Tezos (XTZ) Up to 12 annual percentage yield Kucoin Tezos (XTZ) Up to 2 annual percentage yield 3. Lend Your Tezos
Once you’ve chosen a platform for lending your Tezos, transfer your Tezos into your wallet on the lending 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 lending platform pays compounding interest to maximize your returns.
What to be Aware of
Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Tezos (XTZ) is currently priced at US$12 with a 24-hour trading volume of US$72.25M. The market cap of Tezos is currently at US$1.29B, with 1.02B XTZ in circulation. For those interested in buying or trading Tezos, YouHodler offers ways to do so securely and efficiently
- Market capitalization
- US$1.29B
- 24h volume
- US$72.25M
- Circulating supply
- 1.02B XTZ