How to Lend Tezos (XTZ): A Step-by-Step Guide

Introduction

Lending Tezos can be a great option for those who want to hold XTZ 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 Tezos (XTZ) Tokens
In order to lend Tezos, you need to have it. To obtain Tezos, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
PrimeXBT Tezos (XTZ) 1.28
Uphold Tezos (XTZ) 1.28
OKX Tezos (XTZ) 1.28
YouHodler Tezos (XTZ) 1.28
Binance Tezos (XTZ) 1.26
BTSE Tezos (XTZ) 1.28
See all 29 prices
2. Choose a Tezos Lender
Once you have XTZ, you’ll need to choose a Tezos lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
YouHodler Tezos (XTZ) Up to 12 APY
Kucoin Tezos (XTZ) Up to 2 APY
3. Lend Your Tezos
Once you’ve chosen a platform to lending your Tezos, transfer your Tezos 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.

Platform	Coin	Price
PrimeXBT	Tezos (XTZ)	1.28
Uphold	Tezos (XTZ)	1.28
OKX	Tezos (XTZ)	1.28
YouHodler	Tezos (XTZ)	1.28
Binance	Tezos (XTZ)	1.26
BTSE	Tezos (XTZ)	1.28

Platform	Coin	Interest rate
YouHodler	Tezos (XTZ)	Up to 12 APY
Kucoin	Tezos (XTZ)	Up to 2 APY

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

Tezos (XTZ) is currently priced at $12 with a 24-hour trading volume of $156.27M. The market cap of Tezos stands at $1.3B, 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: $1.3B
24h volume: $156.27M
Circulating supply: $1.02B

See latest information

Frequently Asked Questions About Lending Tezos (XTZ)

What are the current lending rates for Tezos (XTZ)?: Tezos lending rates vary across platforms and can fluctuate due to market conditions. Utilize Bitcompare for real-time comparisons of lending rates on reputable exchanges. Always stay informed on the latest changes to make sound decisions.
How often do Tezos lending rates change?: Tezos lending rates can change frequently, influenced by market supply, demand, and economic factors. Check Bitcompare regularly for updates and use email alerts for real-time rate changes to stay informed.
How can I find the best lending rates for Tezos?: Visit Bitcompare for a comprehensive comparison of different platforms offering Tezos lending. Use their tools for real-time price comparisons and sentiment analysis to identify the best rates.
Why do Tezos lending rates differ across platforms?: Tezos lending rates differ due to varying factors like platform risk profiles, market demand, and liquidity conditions. Leverage Bitcompare to compare these differences and select the best option for you.
Are there any tools to monitor Tezos lending rates?: Yes, Bitcompare provides several tools, including real-time price comparisons, email alerts, and sentiment analysis, to help you stay updated on Tezos lending rates. Bookmark the page for easy access.
Is it important to stay updated on Tezos lending rates?: Absolutely. Since rates can change frequently, staying informed through trusted platforms like Bitcompare helps you make well-informed decisions and stay ahead in the dynamic crypto market.
Can I receive alerts for changes in Tezos lending rates?: Yes, you can set up email alerts on Bitcompare to receive real-time updates on changes in Tezos lending rates, ensuring you never miss important information.
What tools does Bitcompare offer to understand Tezos trends?: Bitcompare offers tools like real-time price comparisons, sentiment analysis, and the latest Tezos news to help you track trends and market movements effectively. Regularly visiting this resource is advisable.