Where and How to Lend Tether (USDT)

Introduction

Lending Tether can be a great option for those who want to hold USDT 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. 1. Get Tether (USDT) Tokens

   To lend Tether, you need to have it. To get Tether, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Nexo	Tether (USDT)	1
   EarnPark	Tether (USDT)	1
   Kraken	Tether (USDT)	1
   OKX	Tether (USDT)	1
   YouHodler	Tether (USDT)	1
   M2	Tether (USDT)	1

   See all 44 prices

2. 2. Choose a Tether Lender

   Once you have USDT, you’ll need to choose a Tether lending platform to lend your tokens. You can see some options here.

   Platform	Loonies	Interest rate
   Nexo	Tether (USDT)	Up to 16 annual percentage yield
   YouHodler	Tether (USDT)	Up to 20 annual percentage yield
   EarnPark	Tether (USDT)	Up to 25 annual percentage yield
   Syrup	Tether (USDT)	Up to 10.67 annual percentage yield
   Nebeus	Tether (USDT)	Up to 13 annual percentage yield
   Neverless	Tether (USDT)	Up to 14 annual percentage yield

   See all 29 lending rates

3. 3. Lend Your Tether

   Once you’ve chosen a platform for lending your Tether, transfer your Tether into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly or monthly.

4. 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.