Where and How to Lend Zcash (ZEC)

Introduction

Lending Zcash can be a great option for those who want to hold ZEC 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. 1. Obtain Zcash (ZEC) Tokens

   To lend Zcash, you need to have it. To acquire Zcash, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Kraken	Zcash (ZEC)	37.21
   Binance	Zcash (ZEC)	34.89
   Coinbase	Zcash (ZEC)	37.3
   MEXC Global	Zcash (ZEC)	37.17
   Kucoin	Zcash (ZEC)	37.41
   Bitmart	Zcash (ZEC)	34.9

   See all 32 prices

2. 2. Choose a Zcash Lender

   Once you have ZEC, you’ll need to choose a Zcash lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	Zcash (ZEC)	Up to 0.5 AER
   Gemini	Zcash (ZEC)	Up to 0.01 AER

   See all 4 lending rates

3. 3. Lend Your Zcash

   Once you’ve chosen a platform to lend your Zcash, transfer your Zcash 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. 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.