How to Lend Tezos (XTZ) in Vietnam

Introduction

Lending Tezos is an excellent choice for those looking to hold XTZ 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. 1. Acquire Tezos (XTZ) Tokens

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

   Platform	Coin	Cost
   PrimeXBT	Tezos (XTZ)	0.44
   YouHodler	Tezos (XTZ)	0.44
   Binance	Tezos (XTZ)	0.44
   BTSE	Tezos (XTZ)	0.44
   Coinbase	Tezos (XTZ)	0.44
   OKX	Tezos (XTZ)	0.74

   View all 57 prices

2. 2. Select a Tezos Lender

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

   Platform	Coin	Interest rate
   YouHodler	Tezos (XTZ)	Earn up to 12% APY

   View all 6 loan rates

3. 3. Lend Your Tezos

   After selecting a platform to lend your Tezos, transfer your Tezos 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. 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.