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Where & how to lend Tether (USDT)

Earn up to
16% APY

Lend with Nexo

What you'll learn

  1. 1

    How to lend Tether (USDT)

    An in-depth guide on how to lend Tether (USDT)

  2. 2

    Statistics about Tether lending

    We have a lot of data on lending Tether (USDT) and we share some of this with you.

  3. 3

    Other coins you can lend

    We show you some lending options with other coins that could be of interest.

Introduction

Lending Tether can be a great option for those who want to hold USDT 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

  1. 1. Obtain Tether (USDT) tokens

    In order to lend Tether, you need to have it. To obtain Tether, you’ll need to purchase it. You can choose from these popular exchanges.

  2. 2. Choose a Tether lender

    Once you have USDT, you’ll need to choose a Tether lending platform to lend your tokens. You can see some options here.

    PlatformCoinInterest rate
    NexoTether (USDT)Up to 16% APY
    M2Tether (USDT)Up to 10% APY
    SyrupTether (USDT)Up to 10.01% APY
    YouHodlerTether (USDT)Up to 20% APY
    WirexTether (USDT)Up to 15% APY
    EarnParkTether (USDT)Up to 25% APY
    See all 23 lending rates
  3. 3. Lend your Tether

    Once you’ve chosen a platform to lending your Tether, transfer your Tether 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. 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

Tether (USDT) is currently priced at $10 with a 24-hour trading volume of $25.11B. The market cap of Tether stands at 119.36B, with $119.73B USDT in circulation. For those looking to buy or trade Tether, Nexo offers avenues to do so securely and efficiently.

Market cap
$119.36B
24h Volume
$25.11B
Circulating supply
$119.73B
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