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Introduction

Lending Tether is an excellent choice for those looking to hold USDT while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

1. 1. Acquire Tether (USDT) Tokens

   To lend Tether, you must first possess it. To acquire Tether, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   Nexo	Tether (USDT)	1
   EarnPark	Tether (USDT)	1
   YouHodler	Tether (USDT)	1
   Binance	Tether (USDT)	1
   BTSE	Tether (USDT)	1
   Kraken	Tether (USDT)	1

   View all 45 prices

2. 2. Select a Tether Lender

   Once you have USDT, you'll need to select a Tether lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Nexo	Tether (USDT)	Earn up to 16% APY
   Nebeus	Tether (USDT)	Earn up to 13% APY
   EarnPark	Tether (USDT)	Earn up to 35% APY
   YouHodler	Tether (USDT)	Earn up to 20% APY
   Syrup	Tether (USDT)	Earn up to 10.48% APY
   Neverless	Tether (USDT)	Earn up to 14% APY

   View all 42 loan rates

3. 3. Earn Tether

   After selecting a platform to earn your Tether, transfer your Tether to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.