Introduction
Lending ZKsync can be a great option for those who want to hold ZK but earn yield. The steps can be a bit intimidating, particularly the first time you try them. That’s why we’ve compiled this guide for you.
Step-by-Step Guide
1. Obtain ZKsync (ZK) Tokens
To lend ZKsync, you need to have it. To get ZKsync, you’ll need to buy it. You can choose from these popular exchanges.
See all 41 pricesPlatform Coin Price Kraken ZKsync (ZK) 0,05 OKX ZKsync (ZK) 0,06 BTSE ZKsync (ZK) 0,05 Coinbase ZKsync (ZK) 0,05 MEXC Global ZKsync (ZK) 0,05 Bitget ZKsync (ZK) 0,05 2. Choose a ZKsync Lender
Once you have ZK, you'll need to choose a ZKsync lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin ZKsync (ZK) Up to 0,5% APY 3. Earn ZKsync
Once you've chosen a platform to earn your ZKsync, transfer your ZKsync into your wallet on the earning 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 earning platform pays compounding interest to maximise your returns.
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
ZKsync (ZK) is presently priced at US$0,5 with a 24-hour trading volume of US$115,87M. The market cap of ZKsync stands at US$657,31M, with 3,68B ZK in circulation. For those interested in buying or trading ZKsync, Kucoin offers ways to do so safely and efficiently
- Market cap
- US$657,31M
- 24h trading volume
- US$115,87M
- Circulating supply
- 3,68B ZK