How to Lend Zen (ZEN) in the cryptocurrency market

Introduction

Lending Zen can be an excellent choice for individuals looking to hold ZEN while earning an attractive APY. The process may seem a bit overwhelming, particularly for first-time users. To simplify this experience, we have created this comprehensive guide tailored for you.

Step-by-Step Guide

1. 1. Acquire Zen (ZEN) Tokens

   To lend Zen, you must first possess it. To acquire Zen, you will need to buy it. You can select from these well-known exchanges that are popular in the Chinese market.

   Platform	Coin	Price
   Bybit	Zen (ZEN)	9.33 APY
   Kucoin	Zen (ZEN)	9.34 APY

   View all 4 prices

2. 2. Select a Zen lending platform

   Once you have ZEN, you'll need to select a Zen lending platform to lend your tokens. You can explore several options available in the market here.

   Platform	Coin	APY
   Kucoin	Zen (ZEN)	Up to 0.46% APY

3. 3. Lend Your Zen for attractive APY returns

   After selecting a platform to lend your Zen, transfer your Zen into your wallet on the lending platform. Once the deposit is completed, it will begin to accrue APY. Some platforms offer daily interest payouts, while others may provide interest on a weekly or monthly basis.

4. 4. Earn APY on Your Assets

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding APY to maximize your earnings.

What to Consider in the Chinese Market

Lending your cryptocurrency can involve significant risks