How to Lend Zilliqa (ZIL)

Introduction

Lending Zilliqa can be an excellent choice for those looking to hold ZIL while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire Zilliqa (ZIL) Tokens

   To lend Zilliqa, you first need to possess it. To acquire Zilliqa, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	Price
   EarnPark	Zilliqa (ZIL)	0 APY
   YouHodler	Zilliqa (ZIL)	0 APY
   Binance	Zilliqa (ZIL)	0 APY
   OKX	Zilliqa (ZIL)	0,01 APY
   Uphold	Zilliqa (ZIL)	0,01 APY
   Bake	Zilliqa (ZIL)	0 APY

   View all 45 prices

2. 2. Select a Zilliqa provider

   Once you have ZIL, you'll need to select a Zilliqa lending platform to lend your tokens. You can explore some options here.

   Plattform	Kryptowährung	APY
   EarnPark	Zilliqa (ZIL)	Up to 10 % APY
   YouHodler	Zilliqa (ZIL)	Up to 12 % APY
   Kucoin	Zilliqa (ZIL)	Up to 1 % APY

   View all 6 lending APY rates

3. 3. Lend Your Zilliqa in Germany

   Once you've selected a platform to lend your Zilliqa, transfer your Zilliqa into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.