How to Lend LayerZero (ZRO)

Introduction

Lending LayerZero can be an excellent choice for those looking to hold ZRO while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire LayerZero (ZRO) Tokens

   To lend LayerZero, you must first possess it. To acquire LayerZero, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   YouHodler	LayerZero (ZRO)	1,48 APY
   Binance	LayerZero (ZRO)	1,48 APY
   BTSE	LayerZero (ZRO)	1,49 APY
   Coinbase	LayerZero (ZRO)	1,48 APY
   Kraken	LayerZero (ZRO)	1,47 APY
   OKX	LayerZero (ZRO)	1,97 APY

   Check out all 51 prices

2. 2. Select a LayerZero Lender in Italy

   Once you have ZRO, you'll need to select a LayerZero lending platform to lend your tokens. You can explore some options here.

   Piattaforma	Criptovaluta	APY
   YouHodler	LayerZero (ZRO)	Up to 30% APY
   Kucoin	LayerZero (ZRO)	Up to 0,5% APY

   Discover all 4 lending APY rates

3. 3. Lend Your LayerZero in Italy

   Once you've selected a platform to lend your LayerZero, transfer your LayerZero into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks