How to Lend TrueUSD (TUSD)

Introduction

Lending TrueUSD can be an excellent choice for those looking to hold TUSD while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.

Step-by-Step Guide for Italian Investors

1. 1. Acquire TrueUSD (TUSD) Tokens

   To lend TrueUSD, you must first possess it. To acquire TrueUSD, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   YouHodler	TrueUSD (TUSD)	1 APY
   Binance	TrueUSD (TUSD)	1 APY
   Kraken	TrueUSD (TUSD)	0,99 APY
   Uphold	TrueUSD (TUSD)	1 APY
   Azbit	TrueUSD (TUSD)	1 APY

   Check out all 35 prices

2. 2. Select a TrueUSD Lender in Italy

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

   Piattaforma	Criptovaluta	APY
   Nexo	TrueUSD (TUSD)	Up to 14% APY
   YouHodler	TrueUSD (TUSD)	Up to 20% APY
   Bitget	TrueUSD (TUSD)	Up to 9% APY
   CEX.io	TrueUSD (TUSD)	Up to 4% APY
   Kucoin	TrueUSD (TUSD)	Up to 0,5% APY

   Discover all 8 lending APY rates

3. 3. Lend Your TrueUSD in Italy

   Once you've selected a platform to lend your TrueUSD, transfer your TrueUSD into your wallet on the lending platform. After the deposit is made, it will begin to accrue interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the higher your potential returns. Ensure that your lending platform offers compounding interest to maximize your earnings.

What to Consider in Italy

Lending your cryptocurrency can involve significant risks