Deal with crypto and earn interest on it – doesn’t necessarily mean risk. If you HODL your Etherium or Bitcoin, for example, or any other cryptocurrency, they can bring you 10-15% overnight, but at the same time there is a risk to lose more – you can not predict that and be 100% precent sure.
But there is always an alternative way that you can use to diversify risks, keep your assets safe and gain profit at the same time.
Lending stablecoins (cryptocurrencies that always cost $1, like BUSD, USDC, USDT) is the way that allows you to have a predictable passive income without worrying and checking your crypto tracking app every day. Just deposit some USDT on a USDT lending platform and see how your interest accrues every month — no price fluctuations, no stress.
CoinRabbit offers a 5% APY, meaning that you can get yearly $500 from simply holding your $10,000 on our platform.
What is USDT Tether?
USDt Tether, also known simply as Tether, is a type of cryptocurrency that belongs to the category of stablecoins. It was created to bridge the gap between traditional fiat currencies and the world of digital assets. Tether is designed to maintain a 1:1 ratio with the US dollar, meaning that each token is backed by an equivalent amount of US dollars in reserve.
This stability is achieved through the company’s claims of having sufficient reserves to fully redeem all issued tokens. USDt Tether serves as a means of preserving value within the volatile cryptocurrency market, allowing users to easily trade and transact with a digital asset that closely mirrors the value of traditional currencies. By offering stability, liquidity, and transparency, Tether has become one of the most widely used stablecoins in the crypto ecosystem.
What is USDT Lending?
USDT lending is when you deposit your tokens on a lending platform USDT and earn crypto with no extra efforts on your side. CoinRabbit stores your USDT on several cold wallets not used in any service operations, so you can rest assured your deposit is safe.
Can you loan USDT so that it covers inflation and is more profitable than any bank deposit?
Yes — CoinRabbit offers you a 5% APY. The minimum amount to lend out USDT is 100 USD Coins — however, we recommend lending from $1,000 in order to earn an interest stablecoin in a sufficient amount.
Why is USDT the Best for Lending?
Stablecoins like USDT are the only predictable cryptocurrencies.If you lend any other crypto, it may offer you a better interest rate, but how do you know that it won’t lose value over time? Stablecoins were invented to meet the needs of those seeking stability in the volatile crypto world. If you prefer precise planning to risk, lend your USDT and get a guaranteed income with stablecoins.
Top Perks for USDT Lending
— A great way to passively making money of your USDT assets
— Less risk than staking
— Stable monthly income
— Lending doesn’t affect your main deposit, if the market fluctuates
— Handled by an expert company who will help you with the technical issues you might run into
How to Find the Best Platform for USDT Lending?
To find the place where to lend USDC, consider the following criteria:
- APR or interest rate. It should be competitive across the crypto market and traditional finance as well. CoinRabbit offers an annual 5% compound interest (APY).
- Possibility to withdraw funds when you want. Unlike many platforms, CoinRabbit allows you to get your deposit back at any time.
- Registration and KYC requirements. CoinRabbit doesn’t bother you with having to provide a pack of personal data and typing logins and passwords. You only enter your phone number or email to track your deposit.
- Minimum and maximum deposit amounts. On our platform, they are $100 and $100,000, respectively.
CoinRabbit | 5% APY |
AAVE | 1.8% APY |
CoinBase | 0.15% APY |
How to Earn Interest by Lending USDT?
Now, it’s time to describe how to lend USDT on CoinRabbit. Here are the steps to take:
- Go to CoinRabbit, set USDT as a deposit currency, and type in the amount that you want to stake:
- Check the details, estimate whether you like the numbers in the monthly and yearly reward payouts section. Verify your phone number:
- Send your deposit to the provided address. After you do so, your interest will start calculating immediately:
- Visit the “My earnings” page to see your deposit. You can visit this page from time to time to see how much interest accrued:
FAQ
Can I trust USDt?
Yes, USDT is one of the most popular stablecoins in the world
Is a USD and a USDT the same?
Yes, USDt is pegged to the 1:1 price of US Dollars
Who accepts USDt?
A lot of companies do, including Binance, CoinBase, and CoinRabbit, where you can use it for lending
Why do people buy USDt?
Tether assists investors in seamlessly transferring funds between cryptocurrency markets and the traditional financial system, effectively minimizing volatility through its 1-for-1 peg to traditional currencies.
Final word
You can earn interest in crypto by lending USDt — all you have to do is deposit your tokens on CoinRabbit for a few minutes. You can read more about USDT lending by reading our FAQ (at the bottom) or by contacting us via the chat on the main page!
Additionally, we made a video on how to make the most out of your USDC. Check it down below. Find more videos about crypto passive income in our Youtube: