Where and How to Lend Tether (USDT)

Introduction

Lending Tether can be a great option for those who wish to hold USDT but earn interest. The steps can be a bit intimidating, especially the first time you attempt them. That's why we have compiled this guide for you.

Step-by-Step Guide

1. 1. Acquire Tether (USDT) Tokens

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

   Platform	Coin	Price
   Nexo	Tether (USDT)	1.00
   Bitpanda	Tether (USDT)	1.00
   EarnPark	Tether (USDT)	1.00
   Klink	Tether (USDT)	1.00
   Kraken	Tether (USDT)	1.00

   See all 19 prices

2. 2. Select 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 16.00 APY
   YouHodler	Tether (USDT)	Up to 20.00 APY
   EarnPark	Tether (USDT)	Up to 25.00 APY
   Syrup	Tether (USDT)	Up to 9.42 APY
   Nebeus	Tether (USDT)	Up to 10.50 APY
   Neverless	Tether (USDT)	Up to 14.00 APY

   See all 23 lending rates

3. 3. Lend Your Tether

   After you have selected a platform for lending your Tether, transfer your Tether into your wallet on the lending platform. Once it is deposited, it will begin earning interest. Some platforms pay interest on a daily basis, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you have to do is relax while your crypto earns interest. The more you deposit, the more interest you can earn. Make sure your lending platform pays compounding interest to maximise your returns.

What to Keep in Mind

Lending your crypto can be risky. Ensure that you do your research before depositing your crypto. Don’t lend more than you’re prepared to lose. Verify their lending practices, reviews, and how they secure your cryptocurrency.