How to Lend Zen (ZEN)

Introduction

Lending Zen can be an excellent choice for those looking to hold ZEN 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 Zen (ZEN) Tokens

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

   Piattaforma	Criptovaluta	Value
   Bybit	Zen (ZEN)	9,36 APY
   Kucoin	Zen (ZEN)	9,37 APY

   Check out all 4 prices

2. 2. Select a Zen Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Kucoin	Zen (ZEN)	Up to 0,46% APY

3. 3. Lend Your Zen in Italy

   Once you've selected a platform to lend your Zen, transfer your Zen 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