Introduction
Lending Frapped USDT can be a great option for those who want to hold FUSDT but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain Frapped USDT (FUSDT) Tokens
In order to lend Frapped USDT, you need to have it. To obtain Frapped USDT, you'll need to purchase it. You can choose from these popular exchanges.
2. Choose a Frapped USDT Lender
Once you have FUSDT, you'll need to choose a Frapped USDT lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Aave Frapped USDT (FUSDT) Up to 0.06% APY 3. Lend Your Frapped USDT
Once you've chosen a platform to lending your Frapped USDT, transfer your Frapped USDT into your wallet in the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
Frapped USDT (FUSDT) is currently priced at $0.06 with a 24-hour trading volume of $29,748. For those looking to buy or trade Frapped USDT, Aave offers avenues to do so securely and efficiently}
- 24h volume
- $29,748