Introduction
Lending Horizen can be an excellent choice for those looking to hold ZEN while generating yield. The process might seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.
Step-by-Step Guide for Spain 1
1. Acquire Horizen (ZEN) Tokens
To lend Horizen, you first need to possess it. To acquire Horizen, you'll have to buy it. You can select from these popular exchanges available in Spain.
Consulta todos los 28 preciosPlataforma Cripto Price PrimeXBT Horizen (ZEN) 9,47 APY Binance Horizen (ZEN) 9,45 APY Coinbase Horizen (ZEN) 9,47 APY OKX Horizen (ZEN) 9,49 APY BingX Horizen (ZEN) 11,52 APY Bitget Horizen (ZEN) 9,46 APY 2. Select a Horizen Lender
Once you have ZEN, you'll need to select a Horizen lending platform to lend your tokens. You can explore some options here.
3. Lend Your Horizen
Once you've selected a platform to lend your Horizen, transfer your Horizen into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Generate Earnings
Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more APY you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to Keep in Mind
Lending your crypto can be risky
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