Introduction
Lending 0x Protocol can be an excellent option for those who wish to hold ZRX while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.
Step-by-Step Guide
1. Obtain 0x Protocol (ZRX) Tokens
To lend 0x Protocol, you need to possess it. To obtain 0x Protocol, you'll need to purchase it. You can choose from these popular exchanges in the UK.
View all 58 pricesPlatform Coin Price PrimeXBT 0x Protocol (ZRX) 0.19 YouHodler 0x Protocol (ZRX) 0.19 Binance 0x Protocol (ZRX) 0.19 BTSE 0x Protocol (ZRX) 0.19 Coinbase 0x Protocol (ZRX) 0.19 Kraken 0x Protocol (ZRX) 0.19 2. Choose a 0x Protocol Lender in the UK
Once you have ZRX, you'll need to choose a 0x Protocol lending platform to lend your tokens. You can see some options here.
View all 4 loan ratesPlatform Coin AER YouHodler 0x Protocol (ZRX) Up to 12% AER Gemini 0x Protocol (ZRX) Up to 0.01% AER 3. Earn 0x Protocol
Once you've selected a platform to earn your 0x Protocol, transfer your 0x Protocol into your wallet on the earning platform. Once it's deposited, it will begin to accrue AER. Some platforms pay interest daily, while others do so weekly or monthly.
4. Earn AER
Now all you need to do is sit back while your cryptocurrency earns AER. The more you deposit, the more interest you can earn. Ensure that your earning platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Do not lend more than you are prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Latest Movements in the UK
0x Protocol (ZRX) is currently priced at US$0.01 with a 24-hour trading volume of US$71.78M. The market cap of 0x Protocol stands at US$413.4M, with 848.4M ZRX in circulation. For those looking to purchase or trade 0x Protocol, YouHodler offers avenues to do so securely and efficiently
- Market capitalisation
- US$413.4M
- 24-hour volume
- US$71.78M
- Circulating supply
- 848.4M ZRX
