Introduction
Lending Alloy Tether can be a great option for those who want to hold AUSDT but earn yield. The steps can be a bit 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 Alloy Tether (AUSDT) Tokens
To lend Alloy Tether, you need to have it. To get Alloy Tether, you’ll need to buy it. You can pick from these popular exchanges.
2. Choose a Alloy Tether Lender
Once you have AUSDT, you’ll need to choose a Alloy Tether lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Aave Alloy Tether (AUSDT) Up to 9.34 APY 3. Lend Your Alloy Tether
Once you’ve chosen a platform to lend your Alloy Tether, transfer your Alloy Tether into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 compound 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
Alloy Tether (AUSDT) is presently priced at US$9.34 with a 24-hour trading volume of US$9.19. For those interested in buying or trading Alloy Tether, Aave offers ways to do so safely and efficiently
- 24h trading volume
- US$9.19