How to Lend Zilliqa (ZIL)

Introduction

Lending Zilliqa can be an excellent choice for those looking to hold ZIL 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 Zilliqa (ZIL) Tokens

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

   Piattaforma	Criptovaluta	Value
   EarnPark	Zilliqa (ZIL)	0 APY
   YouHodler	Zilliqa (ZIL)	0 APY
   Binance	Zilliqa (ZIL)	0 APY
   OKX	Zilliqa (ZIL)	0,01 APY
   Uphold	Zilliqa (ZIL)	0,01 APY
   Bake	Zilliqa (ZIL)	0 APY

   Check out all 45 prices

2. 2. Select a Zilliqa Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   EarnPark	Zilliqa (ZIL)	Up to 10% APY
   YouHodler	Zilliqa (ZIL)	Up to 12% APY
   Kucoin	Zilliqa (ZIL)	Up to 1% APY

   Discover all 6 lending APY rates

3. 3. Lend Your Zilliqa in Italy

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