How to Lend Zcash (ZEC): A Step-by-Step Guide for the UK

Introduction

Lending Zcash can be an excellent option for those who wish to hold ZEC 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. Obtain Zcash (ZEC) Tokens
To lend Zcash, you need to possess it. To obtain Zcash, you'll need to purchase it. You can choose from these popular exchanges in the UK.
Platform Coin Price
PrimeXBT Zcash (ZEC) 382.59
Binance Zcash (ZEC) 382.83
Coinbase Zcash (ZEC) 382.65
Kraken Zcash (ZEC) 382.51
Azbit Zcash (ZEC) 383.58
Bitfinex Zcash (ZEC) 382.91
View all 35 prices
2. Choose a Zcash Lender in the UK
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 AER
Gemini Zcash (ZEC) Up to 0.01% AER
Kucoin Zcash (ZEC) Up to 0.28% AER
View all 4 loan rates
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 AER. Some platforms pay interest daily, while others do so weekly or monthly.
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.

Platform	Coin	Price
PrimeXBT	Zcash (ZEC)	382.59
Binance	Zcash (ZEC)	382.83
Coinbase	Zcash (ZEC)	382.65
Kraken	Zcash (ZEC)	382.51
Azbit	Zcash (ZEC)	383.58
Bitfinex	Zcash (ZEC)	382.91

Platform	Coin	AER
Gemini	Zcash (ZEC)	Up to 0.01% AER
Kucoin	Zcash (ZEC)	Up to 0.28% AER

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.

Latest Movements in the UK

Zcash (ZEC) is currently priced at US$0.01 with a 24-hour trading volume of US$60.37M. The market cap of Zcash stands at US$751.63M, with 15.84M ZEC in circulation. For those looking to buy or trade Zcash, Gemini offers avenues to do so securely and efficiently

Market capitalisation: US$751.63M
24-hour volume: US$60.37M
Circulating supply: 15.84M ZEC

See the latest information

Frequently Asked Questions About Lending Zcash (ZEC) in the UK

What is Zcash and what makes it different from other cryptocurrencies?: Zcash is a privacy-focused cryptocurrency that uses zero-knowledge proofs to enable shielded transactions. Unlike many transparent crypto transfers, Zcash offers optional private addresses and transaction values, allowing users to shield sensitive details from the public blockchain while still maintaining a verifiable, decentralized network. This privacy layer is implemented via zk-SNARKs, which allow the network to prove that a transaction is valid without revealing sender, recipient, or amount unless the user chooses to disclose it.
How many Zcash coins are there and what is the supply outlook?: Zcash has a maximum supply of 21,000,000 ZEC. As of now, the circulating supply is approximately 16,508,289 ZEC. The supply schedule is designed to converge toward the max supply over time, with new ZEC minted as block rewards. Investors should note that the shortage or abundance of supply can influence price dynamics, but the cap helps create scarcity over the long term.
Where can I buy or trade Zcash, and which wallets support it?: Zcash is listed on many major cryptocurrency exchanges, offering spot trading and sometimes staking-like participation via holders. To acquire ZEC, you can sign up at a supported exchange, verify your identity, deposit funds, and place a buy order. For storage, you can use compatible wallets that support ZEC, including software wallets (desktop/mobile) and hardware wallets. If you want privacy-focused use, consider wallets that support Shielded addresses. Always enable best security practices, such as using hardware wallets for large holdings and keeping seed phrases offline.
What are shielded versus transparent addresses, and how do I use them in Zcash?: Zcash supports two address types: transparent (similar to Bitcoin) and shielded (private). Transparent addresses behave like standard public addresses, with transparent transaction data. Shielded addresses use zk-SNARKs to hide sender, recipient, and amounts. You can convert funds between address types using shielded transactions, but note that shielded transactions can be slower and more resource-intensive. Users typically move some funds to shielded addresses for privacy, while keeping a portion in transparent addresses for liquidity and ease of exchange.
Is Zcash secure and how is privacy protected in practice?: Zcash security hinges on its mature protocol and the use of zk-SNARK proofs to validate transactions without exposing private data. Privacy is optional and can be applied to specific transactions by users. The network relies on a robust proof-of-work consensus and periodic updates to improve privacy features and performance. To maximize privacy, users should opt for shielded addresses and verify that the wallets and services they use support the privacy options offered by Zcash.

Zcash ZEC News in the UK

February 6, 2026Ethereum’s Vitalik Buterin Makes a New Bet on Zcash and Privacy

Ethereum founder Vitalik Buterin backs Zcash developer Shielded Labs, signaling a stronger push toward privacy, and secure crypto settlement.

February 6, 2026Monero and Zcash Fall Over 28% in Past Week, but Privacy Peer ZANO Holds Steady

XMR dropped to $311 and ZEC to $221 over seven days while ZANO declined just 1.4% as Fear & Greed hit 9. Key Notes Monero fell 28.9% and Zcash dropped 33.4% over the past week while ZANO declined just 1.4% Fear & Greed Index fell to 9 on Feb. 6, classified as extreme fear, down […]