Earn as much as
16% APY on your investments.
A comprehensive guide on how to earn Tether (USDT) in Nigeria.
We have extensive data on earning Tether (USDT), and we're excited to share some of this valuable information with you.
We present you with various earning opportunities using other cryptocurrencies that may catch your interest.
Tether (USDT) is currently priced at US$10.48 with a 24-hour trading volume of US$94.23B. In the last 24 hours, Tether has seen an increase of 0.01%. The market cap of Tether stands at US$137.42B, with 137.45B USDT in circulation. For those looking to buy or trade Tether, Nexo offers avenues to do so securely and efficiently
Lending Tether can be an excellent choice for those looking to hold USDT while earning yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide to help you navigate through it smoothly.
To lend Tether, you must first acquire it. To obtain Tether, you'll need to purchase it. You can select from these popular exchanges available in Nigeria.
Once you have USDT, you'll need to select a Tether lending platform to lend your tokens. You can explore some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Nexo | Tether (USDT) | Up to 16% APY |
| Nebeus | Tether (USDT) | Up to 13% APY |
| EarnPark | Tether (USDT) | Up to 35% APY |
| YouHodler | Tether (USDT) | Up to 20% APY |
| Syrup | Tether (USDT) | Up to 10.48% APY |
| Neverless | Tether (USDT) | Up to 14% APY |
Once you've selected a platform to earn your Tether, transfer your Tether into your wallet on the earning platform. Once it's deposited, it will begin to earn APY. Some platforms pay interest daily, while others do so weekly or monthly.
Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the higher your potential earnings. Ensure that your earning platform offers compounding APY to maximize your returns.
Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing your crypto. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the measures they have in place to secure your cryptocurrency.
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