How to Lend Zilliqa (ZIL) in Vietnam

Introduction

Lending Zilliqa is an excellent choice for those looking to hold ZIL 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 Zilliqa (ZIL) Tokens

   To lend Zilliqa, you must first own 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 listed 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. Lend Your Zilliqa

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