How to Lend 0x Protocol (ZRX)

Introduction

Lending 0x Protocol can be an excellent choice for those looking to hold ZRX while earning a return. The process may seem a bit overwhelming, particularly if it's your first time. That's why we've created this guide to assist you.

Step-by-Step Guide for South African Investors

1. 1. Acquire 0x Protocol (ZRX) Tokens

   To lend 0x Protocol, you first need to possess it. To acquire 0x Protocol, you'll need to buy it. You can select from these well-known exchanges.

   Platform	Mint	Cost
   PrimeXBT	0x Protocol (ZRX)	0,12
   YouHodler	0x Protocol (ZRX)	0,12
   Binance	0x Protocol (ZRX)	0,12
   BTSE	0x Protocol (ZRX)	0,12
   Coinbase	0x Protocol (ZRX)	0,12
   Kraken	0x Protocol (ZRX)	0,12

   View all 58 prices

2. 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 explore some options here.

   Platform	Mint	APY
   YouHodler	0x Protocol (ZRX)	Up to 12% APY
   Gemini	0x Protocol (ZRX)	Up to 0,01% APY

   View all 4 lending APYs

3. 3. Lend Your 0x Protocol

   Once you've selected a platform to lend your 0x Protocol, transfer your 0x Protocol into your wallet on the lending platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest in South Africa

   Now all you need to do is sit back while your cryptocurrency earns APY. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.