Introduction
Lending Alloy Tether can be a great option for those who want to hold AUSDT 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. Obtain Alloy Tether (AUSDT) Tokens
To lend Alloy Tether, you need to have it. To acquire 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 AER 3. Lend Your Alloy Tether
Once you’ve chosen a platform to lend your Alloy Tether, transfer your Alloy Tether into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Ensure 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 US$9.34 with a 24-hour trading volume of US$9.19. For those looking to purchase or trade Alloy Tether, Aave offers avenues to do so securely and efficiently}
- 24-hour volume
- US$9.19