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.
See all 19 pricesPlatform Coin Price Bitpanda Zilliqa (ZIL) 0.01 Uphold Zilliqa (ZIL) 0.01 EarnPark Zilliqa (ZIL) 0.01 OKX Zilliqa (ZIL) 0.01 Binance Zilliqa (ZIL) 0.01 BTSE Zilliqa (ZIL) 0.02 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.
See all 4 lending ratesPlatform Coin Interest rate EarnPark Zilliqa (ZIL) Up to 10.00 APY Kucoin Zilliqa (ZIL) Up to 1.00 APY OKX Zilliqa (ZIL) Up to 1.00 APY 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.
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 $10.00 with a 24-hour trading volume of $14.53M. The market cap of Zilliqa stands at $262.41M, with $19.10B ZIL in circulation. For those looking to buy or trade Zilliqa, EarnPark offers avenues to do so securely and efficiently}
- Market cap
- $262.41M
- 24h volume
- $14.53M
- Circulating supply
- $19.10B