How to Lend USDS (USDS) in Vietnam

Introduction

Lending USDS is an excellent choice for those looking to hold USDS 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 USDS (USDS) Tokens

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

   Platform	Coin	Cost
   Coinbase	USDS (USDS)	1
   Bitget	USDS (USDS)	1
   Probit	USDS (USDS)	1.09

   View all 5 prices

2. 2. Select a USDS Lender

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

   Platform	Coin	Interest rate
   Aave	USDS (USDS)	Earn up to 1.24% APY
   Compound	USDS (USDS)	Earn up to 19.84% APY

   View all 4 loan rates

3. 3. Lend Your USDS

   After selecting a platform to lend your USDS, transfer your USDS 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.