How to Lend Zilliqa (ZIL): A Step-by-Step Guide

Introduction

Lending Zilliqa can be a great option for those who want to hold ZIL but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. Obtain Zilliqa (ZIL) Tokens
In order to lend Zilliqa, you need to have it. To obtain Zilliqa, you’ll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
Bitpanda Zilliqa (ZIL) 0.02
Uphold Zilliqa (ZIL) 0.02
EarnPark Zilliqa (ZIL) 0.02
OKX Zilliqa (ZIL) 0.02
YouHodler Zilliqa (ZIL) 0.02
Binance Zilliqa (ZIL) 0.02
See all 20 prices
2. Choose a Zilliqa Lender
Once you have ZIL, you’ll need to choose a Zilliqa lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate
YouHodler Zilliqa (ZIL) Up to 12 APY
EarnPark Zilliqa (ZIL) Up to 10 APY
Kucoin Zilliqa (ZIL) Up to 1 APY
OKX Zilliqa (ZIL) Up to 1 APY
See all 4 lending rates
3. Lend Your Zilliqa
Once you’ve chosen a platform to lending your Zilliqa, transfer your Zilliqa into your wallet in the lending 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 lending platform pays compounding interest to maximise your returns.

Platform	Coin	Price
Bitpanda	Zilliqa (ZIL)	0.02
Uphold	Zilliqa (ZIL)	0.02
EarnPark	Zilliqa (ZIL)	0.02
OKX	Zilliqa (ZIL)	0.02
YouHodler	Zilliqa (ZIL)	0.02
Binance	Zilliqa (ZIL)	0.02

Platform	Coin	Interest rate
YouHodler	Zilliqa (ZIL)	Up to 12 APY
EarnPark	Zilliqa (ZIL)	Up to 10 APY
Kucoin	Zilliqa (ZIL)	Up to 1 APY
OKX	Zilliqa (ZIL)	Up to 1 APY

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

Zilliqa (ZIL) is currently priced at $12 with a 24-hour trading volume of $50,446,876. The market cap of Zilliqa stands at $405,439,810, with $19,188,665,895.6 ZIL in circulation. For those looking to buy or trade Zilliqa, YouHodler offers avenues to do so securely and efficiently}

Market cap: $405.44M
24h volume: $50.45M
Circulating supply: $19.19B

See latest information

Frequently Asked Questions About Lending Zilliqa (ZIL)

What factors influence Zilliqa lending rates?: Zilliqa lending rates are influenced by supply and demand dynamics, market volatility, and borrower creditworthiness. Rates can vary across platforms. Always stay informed by utilizing tools on Bitcompare for real-time comparisons and alerts. Check back often and bookmark the page.
Where can I find current Zilliqa lending rates?: For the latest Zilliqa lending rates, use Bitcompare's crypto comparison platform. It provides real-time price comparisons and sentiment analysis. Be sure to check back regularly, bookmark the page, and stay updated with the latest Zilliqa news events.
How can I stay updated on changes in Zilliqa lending rates?: To stay updated on Zilliqa lending rates, utilize Bitcompare's email alerts and real-time tools. Bookmark the page and visit regularly. Staying informed enables you to make well-informed decisions in the fast-paced crypto market.
Are Zilliqa lending rates the same across all platforms?: No, Zilliqa lending rates can vary between platforms due to factors like differing fee structures and risk assessments. Use Bitcompare to find reputable exchanges with competitive rates. Ensure you regularly check and bookmark their page for updates.
Why should I use Bitcompare to find Zilliqa lending rates?: Bitcompare offers tools like real-time price comparisons, sentiment analysis, and email alerts, making it a trusted platform for crypto comparisons. Bookmark the page and check regularly to access the latest Zilliqa news and make informed decisions.
Can Zilliqa lending rates change frequently?: Yes, Zilliqa lending rates can change frequently due to market conditions. Utilize Bitcompare for real-time data and rate alerts. Stay informed by bookmarking the page and checking back often to keep pace with the dynamic crypto market.