How to Lend TrueUSD (TUSD)

Introduction

Lending TrueUSD can be an excellent choice for those looking to hold TUSD while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.

Step-by-Step Anleitung

1. 1. Acquire TrueUSD (TUSD) Tokens

   To lend TrueUSD, you first need to possess it. To acquire TrueUSD, you'll have to buy it. You can select from these well-known exchanges.

   Plattform	Kryptowährung	Price
   YouHodler	TrueUSD (TUSD)	1 APY
   Binance	TrueUSD (TUSD)	1 APY
   Kraken	TrueUSD (TUSD)	0,99 APY
   Uphold	TrueUSD (TUSD)	1 APY
   Azbit	TrueUSD (TUSD)	1 APY

   View all 35 prices

2. 2. Select a TrueUSD provider

   Once you have TUSD, you'll need to select a TrueUSD lending platform to lend your tokens. You can explore some options here.

   Plattform	Kryptowährung	APY
   Nexo	TrueUSD (TUSD)	Up to 14 % APY
   YouHodler	TrueUSD (TUSD)	Up to 20 % APY
   Bitget	TrueUSD (TUSD)	Up to 9 % APY
   CEX.io	TrueUSD (TUSD)	Up to 4 % APY
   Kucoin	TrueUSD (TUSD)	Up to 0,5 % APY

   View all 8 lending APY rates

3. 3. Lend Your TrueUSD in Germany

   Once you've selected a platform to lend your TrueUSD, transfer your TrueUSD into your wallet on the lending platform. Once it's deposited, it will begin to accrue APY. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform offers compounding interest to maximize your returns.

What to Consider

Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.