How to Stake Tether (USDT)

Introduction

Staking Tether can be an excellent choice for those looking to hold USDT while earning APY in a secure manner and supporting the network. 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 Tether (USDT) Tokens

   To stake Tether, you first need to acquire it. To obtain Tether, you'll need to purchase it. You can choose from these well-known exchanges available in Germany.

   Plattform	Kryptowährung	Price
   Nexo	Tether (USDT)	1 APY
   EarnPark	Tether (USDT)	1 APY
   YouHodler	Tether (USDT)	1 APY
   Binance	Tether (USDT)	1 APY
   BTSE	Tether (USDT)	1 APY
   Kraken	Tether (USDT)	1 APY

   View all 45 prices

2. 2. Select a Tether Wallet

   Once you have USDT, you'll need to select a Tether wallet to securely store your tokens. Here are some solid options to consider.

   Plattform	Kryptowährung	Staking rewards
   YouHodler	Tether (USDT)	Up to 18 % APY
   Binance	Tether (USDT)	Up to 1,7 % APY

   Discover all 5 staking rewards available

3. 3. Delegate Your USDT

   We recommend using a staking pool when staking USDT. It's simpler and faster to get started. A staking pool is a collective of validators who pool their USDT, which increases their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Start Validating

   You will need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you will automatically validate transactions on the Tether network. For these validations, you will be rewarded with USDT.

What to Consider

There are transaction and staking pool fees you need to consider. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, and this process can take some time.