How to Lend 0x Protocol (ZRX) in the UK

Introduction

Lending 0x Protocol can be an excellent option for those who wish to hold ZRX while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain 0x Protocol (ZRX) Tokens

   To lend 0x Protocol, you need to possess it. To obtain 0x Protocol, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   PrimeXBT	0x Protocol (ZRX)	0.19
   YouHodler	0x Protocol (ZRX)	0.19
   Binance	0x Protocol (ZRX)	0.19
   BTSE	0x Protocol (ZRX)	0.19
   Coinbase	0x Protocol (ZRX)	0.19
   Kraken	0x Protocol (ZRX)	0.19

   View all 58 prices

2. 2. Choose a 0x Protocol Lender in the UK

   Once you have ZRX, you'll need to choose a 0x Protocol lending platform to lend your tokens. You can see some options here.

   Platform	Coin	AER
   YouHodler	0x Protocol (ZRX)	Up to 12% AER
   Gemini	0x Protocol (ZRX)	Up to 0.01% AER

   View all 4 loan rates

3. 3. Lend Your 0x Protocol

   Once you've chosen a platform to lend your 0x Protocol, transfer your 0x Protocol into your wallet on the lending platform. Once it's deposited, it will start earning AER. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

What to Be Aware Of

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