Introduction
Lending Aave ZRX can be a great option for those who want to hold AZRX but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain Aave ZRX (AZRX) Tokens
To lend Aave ZRX, you need to have it. To acquire Aave ZRX, you’ll need to buy it. You can choose from these popular exchanges.
2. Choose a Aave ZRX Lender
Once you have AZRX, you’ll need to choose a Aave ZRX lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Aave Aave ZRX (AZRX) Up to 0.00007066% AER 3. Lend Your Aave ZRX
Once you’ve chosen a platform to lend your Aave ZRX, transfer your Aave ZRX into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Aave ZRX (AZRX) is currently priced at US$0.00007066. For those looking to purchase or trade Aave ZRX, Aave offers avenues to do so securely and efficiently}