How to Earn Tezos (XTZ): A Comprehensive Guide

Introduction

Lending Tezos can be an excellent choice for those looking to hold XTZ while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.

Step-by-Step Guide

1. Acquire Tezos (XTZ) Tokens
To lend Tezos, you must first acquire it. To obtain Tezos, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
Platform Coin Price
PrimeXBT Tezos (XTZ) 0.57
YouHodler Tezos (XTZ) 0.57
Binance Tezos (XTZ) 0.57
BTSE Tezos (XTZ) 0.57
Coinbase Tezos (XTZ) 0.57
OKX Tezos (XTZ) 0.74
See all 57 prices
2. Choose a Tezos Lender
Once you have XTZ, you'll need to select a Tezos lending platform to lend your tokens. You can explore some options here.
Platform Coin Interest rate
YouHodler Tezos (XTZ) Up to 12% APY
See all 6 lending rates
3. Earn Tezos
Once you've selected a platform to earn your Tezos, transfer your Tezos into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.

Platform	Coin	Price
PrimeXBT	Tezos (XTZ)	0.57
YouHodler	Tezos (XTZ)	0.57
Binance	Tezos (XTZ)	0.57
BTSE	Tezos (XTZ)	0.57
Coinbase	Tezos (XTZ)	0.57
OKX	Tezos (XTZ)	0.74

Platform	Coin	Interest rate
YouHodler	Tezos (XTZ)	Up to 12% APY

What to be Aware of

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.

Latest Movements

Tezos (XTZ) is currently priced at US$0.01 with a 24-hour trading volume of US$72.25M. The market cap of Tezos stands at US$1.29B, with 1.02B XTZ in circulation. For those looking to buy or trade Tezos, YouHodler offers avenues to do so securely and efficiently

Market cap: US$1.29B
24h volume: US$72.25M
Circulating supply: 1.02B XTZ

See latest information

Frequently Asked Questions About Lending Tezos (XTZ)

What are the current lending rates for Tezos (XTZ)?: Tezos (XTZ) currently has a total of three lending rates available, with an average rate of approximately 406.67%. The best lending rate identified is offered by Kucoin. It is important to stay updated on these rates, as they can fluctuate based on market conditions and platform availability. For the latest information and to compare different lending rates, consider visiting Bitcompare regularly.