Introduction
Lending ZKsync can be an excellent choice for those looking to hold ZK while earning returns. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this comprehensive guide tailored for you.
Step-by-Step Guide for Indian Investors
1. Acquire ZKsync (ZK) Tokens in India
To lend ZKsync, you first need to possess it. To acquire ZKsync, you'll have to buy it. You can select from these popular Indian exchanges.
See all 41 ratesPlatform Coin Cost BTSE ZKsync (ZK) 0.06 Coinbase ZKsync (ZK) 0.06 Kraken ZKsync (ZK) 0.06 OKX ZKsync (ZK) 0.06 Bake ZKsync (ZK) 0.06 BingX ZKsync (ZK) 0.06 2. Choose a ZKsync Lender in India
Once you have ZK, you'll need to select an Indian cryptocurrency lending platform to lend your tokens. You can explore some options here.
Platform Coin APY Kucoin ZKsync (ZK) Up to 0.5% APY 3. Earn ZKsync in India
Once you've selected a platform to earn your ZKsync, transfer your ZKsync into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest in India
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Indian market.
What to Keep in Mind
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto assets. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Trends in India
ZKsync (ZK) is currently priced at $0.5 with a 24-hour trading volume of $11.59Cr. The market cap of ZKsync stands at $65.73Cr, with 367.5Cr ZK in circulation. For those looking to buy or trade ZKsync, Kucoin offers avenues to do so securely and efficiently
- Market capitalization
- $65.73Cr
- 24-hour trading volume
- $11.59Cr
- Circulating supply in the market
- 367.5Cr ZK