Introduction
Lending Aleph Zero can be an excellent choice for those looking to hold AZERO 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. Acquire Aleph Zero (AZERO) Tokens
To lend Aleph Zero, you first need to possess it. To acquire Aleph Zero, you'll need to buy it. You can select from these well-known exchanges.
2. Select a Aleph Zero Lender
Once you have AZERO, you'll need to select a Aleph Zero lending platform to lend your tokens. You can explore some options here.
Platform Mint APY Kucoin Aleph Zero (AZERO) Up to 0,04% APY 3. Lend Your Aleph Zero
Once you've selected a platform to lend your Aleph Zero, transfer your Aleph Zero 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. 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.
Latest Movements in the Market
- Market capitalisation
- US$90,09M
- 24-hour trading volume
- US$1,1M
- Circulating supply
- 302,31M AZERO