ZebPay launches lending platform: How investors can earn returns on holdings

MUMBAI: ZebPay on Thursday launched a lending platform where investors can lend their coins to the cryptocurrency exchange and earn returns depending on the token and the time period it is loaned for. The exchange has started off the facility with bitcoin (BTC), ether (ETH), tether (USDT) and dai (DAI).

According to the company, the ZebPay Lending Platform generates returns on users’ crypto investments if they lend the select cryptos.

Depending on the term of deposits, users will be able to generate returns of up to 3% on bitcoin, up to 7% on ether, up to 7% on dai and up to 12% on tether.

This can help provide investors an opportunity to earn a passive income by adding on to the returns gained from rise in crypto prices.