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. Obtain Tether (USDT) Tokens

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

   Platform	Coin	Price
   Nexo	Tether (USDT)	1
   M2	Tether (USDT)	1
   EarnPark	Tether (USDT)	1
   Klink	Tether (USDT)	1
   OKX	Tether (USDT)	1
   YouHodler	Tether (USDT)	1

   See all 23 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	Coin	Interest rate
   Nexo	Tether (USDT)	Up to 16 AER
   YouHodler	Tether (USDT)	Up to 20 AER
   Syrup	Tether (USDT)	Up to 13.46 AER
   EarnPark	Tether (USDT)	Up to 25 AER
   Nebeus	Tether (USDT)	Up to 13 AER
   Neverless	Tether (USDT)	Up to 14 AER

   See all 16 lending rates

3. 3. Lend Your Tether

   Once you’ve chosen a platform to lend 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 are weekly, or monthly.

4. 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.