Introduction
Lending Aleph Zero can be a great option for those who want to hold AZERO 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. Obtain Aleph Zero (AZERO) Tokens
In order to lend Aleph Zero, you need to have it. To obtain Aleph Zero, you’ll need to purchase it. You can choose from these popular exchanges.
2. Choose a Aleph Zero Lender
Once you have AZERO, you’ll need to choose a Aleph Zero lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin Aleph Zero (AZERO) Up to 0.33 APY 3. Lend Your Aleph Zero
Once you’ve chosen a platform to lending your Aleph Zero, transfer your Aleph Zero 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. 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.
Latest Movements
- Market cap
- $102.66M
- 24h volume
- $1.63M
- Circulating supply
- $302.31M