How to Lend Tether (USDT) in Vietnam

Introduction

Lending Tether is an excellent choice for those looking to hold USDT while earning yield. The process may seem intimidating at first, which is 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 own 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 listed 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. Lend Your Tether

   After selecting a platform to lend your Tether, transfer your Tether into your wallet on that platform. Once deposited, it will begin to earn interest. Some platforms pay interest daily, while others do so weekly or monthly.

4. 4. Grow Your Savings

   Now all you need to do is relax while your crypto accumulates interest. The more you deposit, the greater your potential earnings. Ensure that your lending platform offers compounding interest to maximize your returns.

Things to Consider

Lending your cryptocurrency can be risky. Ensure you conduct thorough research before depositing. Only lend what you can afford to lose. Review their lending practices, read user reviews, and understand how they secure your cryptocurrency.