Where and How to Lend 0x Protocol (ZRX)

Introduction

Lending 0x Protocol can be a great option for those who want to hold ZRX but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain 0x Protocol (ZRX) Tokens

   In order to lend 0x Protocol, you need to have it. To obtain 0x Protocol, you’ll need to purchase it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Bitpanda	0x Protocol (ZRX)	0.29
   Uphold	0x Protocol (ZRX)	0.29
   Wirex	0x Protocol (ZRX)	0.29
   Kraken	0x Protocol (ZRX)	0.28
   OKX	0x Protocol (ZRX)	0.29
   YouHodler	0x Protocol (ZRX)	0.29

   See all 19 prices

2. 2. Choose a 0x Protocol Lender

   Once you have ZRX, you’ll need to choose a 0x Protocol lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	0x Protocol (ZRX)	Up to 12.00 APY
   OKX	0x Protocol (ZRX)	Up to 1.00 APY

3. 3. Lend Your 0x Protocol

   Once you’ve chosen a platform to lending your 0x Protocol, transfer your 0x Protocol into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.