How to Stake Tether (USDT)

Introduction

Staking Tether can be an excellent choice for those looking to hold USDT while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire Tether (USDT) Tokens

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

   Piattaforma	Criptovaluta	Value
   Nexo	Tether (USDT)	1 APY
   EarnPark	Tether (USDT)	1 APY
   YouHodler	Tether (USDT)	1 APY
   Binance	Tether (USDT)	1 APY
   BTSE	Tether (USDT)	1 APY
   Kraken	Tether (USDT)	1 APY

   Check out all 45 prices

2. 2. Select a Tether Wallet

   Once you have USDT, you'll need to select a Tether wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   YouHodler	Tether (USDT)	Up to 18% APY
   Binance	Tether (USDT)	Up to 1,7% APY

   Discover all 5 staking rewards available to you

3. 3. Delegate Your USDT

   We recommend using a staking pool when staking USDT. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their USDT, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the Tether network. For these validations, you'll receive rewards in USDT.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.