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Introduction

Lending Zilliqa is an excellent choice for those looking to hold ZIL while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Zilliqa (ZIL) Tokens

   To lend Zilliqa, you must first possess it. To acquire Zilliqa, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   EarnPark	Zilliqa (ZIL)	0
   YouHodler	Zilliqa (ZIL)	0
   Binance	Zilliqa (ZIL)	0
   OKX	Zilliqa (ZIL)	0.01
   Uphold	Zilliqa (ZIL)	0.01
   Bake	Zilliqa (ZIL)	0

   View all 45 prices

2. 2. Select a Zilliqa Lender

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

   Platform	Coin	Interest rate
   EarnPark	Zilliqa (ZIL)	Earn up to 10% APY
   YouHodler	Zilliqa (ZIL)	Earn up to 12% APY
   Kucoin	Zilliqa (ZIL)	Earn up to 1% APY

   View all 6 loan rates

3. 3. Earn Zilliqa

   After selecting a platform to earn your Zilliqa, transfer your Zilliqa to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.