How to Lend TrueUSD (TUSD) in the UK

Introduction

Lending TrueUSD can be an excellent option for those who wish to hold TUSD while earning a yield. The steps may seem a bit daunting, particularly the first time you undertake them. That's why we've compiled this guide for you.

Step-by-Step Guide

1. 1. Obtain TrueUSD (TUSD) Tokens

   To lend TrueUSD, you need to possess it. To obtain TrueUSD, you'll need to purchase it. You can choose from these popular exchanges in the UK.

   Platform	Coin	Price
   YouHodler	TrueUSD (TUSD)	1
   Binance	TrueUSD (TUSD)	1
   Kraken	TrueUSD (TUSD)	0.99
   Uphold	TrueUSD (TUSD)	1
   Azbit	TrueUSD (TUSD)	1

   View all 35 prices

2. 2. Choose a TrueUSD Lender in the UK

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

   Platform	Coin	AER
   Nexo	TrueUSD (TUSD)	Up to 14% AER
   YouHodler	TrueUSD (TUSD)	Up to 20% AER
   Bitget	TrueUSD (TUSD)	Up to 9% AER
   CEX.io	TrueUSD (TUSD)	Up to 4% AER
   Kucoin	TrueUSD (TUSD)	Up to 0.5% AER

   View all 8 loan rates

3. 3. Lend Your TrueUSD

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

4. 4. Earn AER

   Now all you need to do is sit back while your cryptocurrency earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compounding interest to maximise your returns.

What to Be Aware Of

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