Introduction to the world of cryptocurrency can be both exciting and daunting
Lending 0x Protocol can be an excellent choice for those looking to hold ZRX while earning yield. The process may seem a bit intimidating, particularly for first-timers. That's why we've created this guide to help you navigate through it.
Step-by-Step Guide 1
1. Acquire 0x Protocol (ZRX) Tokens
To lend 0x Protocol, you must first possess it. To acquire 0x Protocol, you'll need to purchase it. You can select from these well-known exchanges.
See all 58 pricesPlatform Coin Price PrimeXBT 0x Protocol (ZRX) 0,14 YouHodler 0x Protocol (ZRX) 0,14 Binance 0x Protocol (ZRX) 0,14 BTSE 0x Protocol (ZRX) 0,14 Coinbase 0x Protocol (ZRX) 0,14 Kraken 0x Protocol (ZRX) 0,13 2. Select a 0x Protocol Lender
Once you have ZRX, you'll need to select a 0x Protocol lending platform to lend your tokens. You can explore some options here.
See all 4 lending ratesPlatform Coin Interest rate YouHodler 0x Protocol (ZRX) Up to 12% APY Gemini 0x Protocol (ZRX) Up to 0,01% APY 3. Earn 0x Protocol with competitive rates that allow you to maximize your investments
Once you've selected a platform to earn your 0x Protocol, transfer your 0x Protocol into your wallet on the earning platform. Once it's deposited, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.
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. Ensure that your earning platform offers compounding APY to maximise your returns.
What to be Aware of
Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements
0x Protocol (ZRX) is currently priced at US$0.01 with a 24-hour trading volume of US$71.78M. The market cap of 0x Protocol stands at US$413.4M, with 848,4M ZRX in circulation. For those looking to buy or trade 0x Protocol, YouHodler offers avenues to do so securely and efficiently
- Market cap
- US$413.4M
- 24h volume
- US$71.78M
- Circulating supply
- 848,4M ZRX
