Introduction
Lending 0x Protocol is an excellent choice for those looking to hold ZRX while earning yield. The process may seem intimidating at first, which is why we've created this guide to help you navigate it.
Comprehensive Guide
1. Acquire 0x Protocol (ZRX) Tokens
To lend 0x Protocol, you must first own it. To acquire 0x Protocol, you will need to buy it. You can select from these well-known exchanges.
2. Select a 0x Protocol Lender
Once you have ZRX, you'll need to select a 0x Protocol lending platform to lend your tokens. You can find some options listed here.
View all 4 loan ratesPlatform Coin Interest rate YouHodler 0x Protocol (ZRX) Earn up to 12% APY Gemini 0x Protocol (ZRX) Earn up to 0.01% APY 3. Lend Your 0x Protocol
After selecting a platform to lend your 0x Protocol, transfer your 0x Protocol into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.
4. Grow Your Savings
Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.
Things to Consider
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.
Recent Developments
missing en-vn translation: common.latest-movements-copy
- Market capitalization
- $413.4M
- 24-hour trading volume
- $71.78M
- Circulating supply refers to the total amount of a cryptocurrency or token that is currently available for trading in the market. It excludes tokens that are locked, reserved, or not yet released.
- 848.4M ZRX
