Where and How to Lend 0x Protocol (ZRX)

Introduction

Lending 0x Protocol can be a great option for those who wish to hold ZRX but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

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

   To lend 0x Protocol, you need to have it. To obtain 0x Protocol, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	0x Protocol (ZRX)	0.43
   Uphold	0x Protocol (ZRX)	0.43
   Kraken	0x Protocol (ZRX)	0.43
   OKX	0x Protocol (ZRX)	0.43
   YouHodler	0x Protocol (ZRX)	0.43
   Binance	0x Protocol (ZRX)	0.43

   See all 22 prices

2. 2. Select a 0x Protocol Lender

   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	Interest rate
   YouHodler	0x Protocol (ZRX)	Up to 12 APY
   OKX	0x Protocol (ZRX)	Up to 1 APY

3. 3. Lend Your 0x Protocol

   After you have selected a platform for lending your 0x Protocol, transfer your 0x Protocol into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.