How to Lend LayerZero (ZRO): A Comprehensive Guide for Italian Investors

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. 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
PrimeXBT	LayerZero (ZRO)	1,31 APY
YouHodler	LayerZero (ZRO)	1,31 APY
Binance	LayerZero (ZRO)	1,31 APY
BTSE	LayerZero (ZRO)	1,33 APY
Coinbase	LayerZero (ZRO)	1,32 APY
Kraken	LayerZero (ZRO)	1,32 APY

Check out all 53 prices

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. 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. 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.