Introduction
Lending Alloy Tether can be a great option for those who want to hold AUSDT but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire Alloy Tether (AUSDT) Tokens
To lend Alloy Tether, you'll need to have it. To get Alloy Tether, you'll need to buy it. You can choose from these popular exchanges.
2. Choose a Alloy Tether Lender
Once you have AUSDT, you'll need to choose a Alloy Tether lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Aave Alloy Tether (AUSDT) Up to 9.34% APY 3. Earn Alloy Tether
Once you've chosen a platform for earning your Alloy Tether, transfer your Alloy Tether into your wallet on the earning platform. Once it's deposited, it'll start earning interest. Some platforms pay interest daily, while others offer it 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 earning 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
Alloy Tether (AUSDT) is currently priced at USD 9.34 with a 24-hour trading volume of USD 9.19. For those looking to buy or trade Alloy Tether, Aave offers avenues to do so securely and efficiently
- 24h volume
- USD 9.19