Staking USDT | Staking Tether USD | TIDEX Staking crypto

Tidex

sr. member

Activity: 521

Merit: 250

How does USDT staking work?

You stake Tether on the exchange, but the actual stake is made in Neutrino (USDN). It’s a USD stablecoin issued on the Waves blockchain and fully backed by WAVES. In the end, the chain looks like this: rewards are generated in WAVES and automatically converted into USDN, after which Tidex converts them into USDT for you.

The big advantage is that you don’t have to deal with another stablecoin (Neutrino). If you are into rick hedging, you probably already hold Tether anyway and don’t want to convert it into something else without necessity. Staking is very convenient: you just have to hold USDT on the exchange, and the rest is done for you.

In June 2020, USDT staking on Tidex yielded +0.82%. For comparison: Tezos -19.90%, Cosmos -8.15%, Decred -10.2%, DAI +0.19%.

You'll probably feel safer getting a guaranteed reward rate. Don't miss the most profitable staking opportunity on the market: buy USDT and stake now on Tidex ➡️

Tidex

sr. member

Activity: 521

Merit: 250

Fiat deposits in USD are now available

Starting from today, you can deposit fiat US dollars on Tidex! We're also adding the USDT/USD trading pair, so that you can easily buy and stake Tether with your bank card.

A reminder: our USDT staking product is the only one of its kind on the market. Protect your capital and earn a fixed 12% annual rate. Head to tidex.com to deposit USD and start staking – it takes just a few minutes!

Tidex

sr. member

Activity: 521

Merit: 250

Why investing in USDN staking on Tidex is safe

Staking is the new word in investments, and staking USDN on Tidex is one of the most surefire and safest ways of ensuring daily profits of up to 12% annually.

- Tidex guarantees fixed income for all stakers of USDN and stable payouts thanks to the use of a specialized fund that leverages market volatility.

- Complete decentralization and the use of Neutrino smart contracts that USDT staking is based on with the underlying Waves blockchain give users complete confidence in the uninterrupted operation of the system.

- Tidex has been operating since 2017 with no security breaches, making it one of the safest platforms on the market. Besides, all user stakes are stored on cold wallets with no internet connection, making hacking or theft impossible.

Stake USDT on Tidex ➡️

RabbiTANK

member

Activity: 224

Merit: 18

Sovryn - Brings DeFi to Bitcoin

I don't see any collateral plan on this platform, you can't expect people to trust this platform which is a new one, there are other assurance you have to give people to trust this platform, this is not binance or kucoin, just because the ROI looks legit doesn't mean users fund will be safe

Tidex

sr. member

Activity: 521

Merit: 250

Do you remember when stablecoins were still just for hedging risks? Now you can get good returns on them, for example, by staking.
Today we want to show the difference between USDT and USDC staking on different platforms.

1) USDT staking on Tidex
Tether is used to create stakes in Neutrino (USDN) – a USD-pegged stablecoin backed by WAVES. The Waves blockchain's LPoS consensus model guarantees daily leasing rewards, which are converted into USDT and paid out to Tidex stakers daily.
USDT yield: 12%.

2) USDC staking on Staked.US
Staked.US supports around 20 PoS coins, and USDC is its first foray into stablecoin staking.
USDC yield: 1.1%.

3) USDC staking on Coinbase
The exchange co-founded Centre – the consortium behind USD Coin. In October 2019, Coinbase launched USDC Rewards in the exchange wallets.
USDC yield: 1.25%.

What is the best? Objectively, USDT wins. With its 12% annual interest, our staking product is the most profitable on the market, beating even lending platforms.

Tidex

sr. member

Activity: 521

Merit: 250

Quote from: wiya on June 29, 2020, 09:51:46 AM

I know USDT is once of stable coin but you has some insurance if that will safe my investment?
and if TIDEX has been hack , scam , or has some trouble?
if has maintenance still get profit from staking?

Your staked USDT are stored in a secure cold wallet disconnected from the Internet, where they are safe from hacks. The underlying staking asset, USDN, is locked up in a smart contract that has been extensively tested for vulnerabilities. All the staking operations and reward payments are governed by this smart contract, so and no entity, be it Tidex or any other, can influence it.

Tidex is a well-established exchange known for its robust security. Since our launch in 2017, we've never experienced a successful attack or a crypto theft, though our security team has to repel dozens of attacks every week. Very few exchanges have such a successful track record. Even if the hack of the exchange happens, we will extract all the staking balances from Neutrino and return them in full.

wiya

jr. member

Activity: 107

Merit: 2

I know USDT is once of stable coin but you has some insurance if that will safe my investment?
and if TIDEX has been hack , scam , or has some trouble?
if has maintenance still get profit from staking?

Tidex

sr. member

Activity: 521

Merit: 250

If you don't stake USDT on Tidex yet, you're missing out on 12% a year!

That's the highest ROI you could get on your Tether anywhere on the market ☝️

USDT staking is also:
- daily payouts
- 100% decentralized and safe
- an opportunity to withdraw whenever you want

Why is it safe?
Tether (USDT) belongs to a new breed of cryptocurrencies called "stablecoins" that aims to keep cryptocurrency valuations stable. All the staking operations and reward payments are governed by a smart contract. The rewards are generated and transferred automatically and no entity, be it Tidex or any other, can meddle with them.

Make your USDT stake on Tidex!

Tidex

sr. member

Activity: 521

Merit: 250

Amazing news! Investment in USDT staking has reached $ 2,2+ mln since the launch. It's a very important milestone for the project, proving that more and more people engage in the advantages of staking.

We couldn't have done it without our investors - people from over 20 countries, who invest in USDT staking. Thanks for the trust.

As a reminder: you always can reinvest your staking income to earn even more

Tidex

sr. member

Activity: 521

Merit: 250

Quote from: ronnieb on June 24, 2020, 03:41:03 PM

Why 100 tether? everywhere else you can start with 0.1 Tether. Defi is exploding right now so why go with a centralized vendor that's not really backed up by anything but good faith?

Based on internal analysis, the size of the investment is higher in 95% of cases. Also, lower amounts practically do not give a noticeable effect in accumulation for users, so it was decided to limit the minimum size.

Your staked USDT are stored in a secure cold wallet disconnected from the Internet, where they are safe from hacks. The underlying staking asset, USDN, is locked up in a smart contract that has been extensively tested for vulnerabilities. All the staking operations and reward payments are governed by this smart contract, so the rewards are transferred automatically - we can't influence it.

ronnieb

jr. member

Activity: 199

Merit: 1

Why 100 tether? everywhere else you can start with 0.1 Tether. Defi is exploding right now so why go with a centralized vendor that's not really backed up by anything but good faith?

Tidex

sr. member

Activity: 521

Merit: 250

Quote from: Metroid on June 23, 2020, 09:12:07 AM

It's not only this, every thing like this is a scam. Real staking with real earnings can be found on decred and soon eth and nothing else at moment and even then eth staking will be risky if you dont understand how to do stake properly. Truth is, easy coming, easy going.

Why do you think it's a scam?
Tether (USDT) belongs to a new breed of cryptocurrencies called "stablecoins" that aims to keep cryptocurrency valuations stable. All the staking operations and reward payments are governed by a smart contract. The rewards are generated and transferred automatically and no entity, be it Tidex or any other, can meddle with them.

Tidex

sr. member

Activity: 521

Merit: 250

Quote from: Truthchanter on June 23, 2020, 07:24:43 AM

Seems very scammy, I wonder exactly how it works

Hello
What exactly would you like to know in more detail? Ask questions, if you want.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Quote from: Truthchanter on June 23, 2020, 07:24:43 AM

Seems very scammy, I wonder exactly how it works

It's not only this, every thing like this is a scam. Real staking with real earnings can be found on decred and soon eth and nothing else at moment and even then eth staking will be risky if you dont understand how to do stake properly. Truth is, easy coming, easy going.

Truthchanter

sr. member

Activity: 689

Merit: 253

Seems very scammy, I wonder exactly how it works

Tidex

sr. member

Activity: 521

Merit: 250

Why stake USDT on Tidex Exchange?

Staking is the hottest crypto investment trend right now: it's safer than lending or IEO, and the interest rates are high. However, there's a problem: most PoS coins are very volatile. You can stake a coin with an interest rate of 20-30% and still lose your money.

That's why we created USDT staking: a unique product that combines the security of Tether and the high interest rate of USD Neutrino (USDN), which we use to make a matching stake on the smart contract. All you have to do is stake (freeze) your USDT on Tidex Exchange: it takes minutes, and the minimum deposit is just 100 USDT.

USDT staking yields a fixed rate of 12% a year, and your daily rewards are always paid in Tether, so you don't have to worry about volatility. It's investment and risk hedging wrapped into one. You can withdraw your stake at any moment and without losses.

Learn more about USDT staking.

Metroid

sr. member

Activity: 2142

Merit: 353

Xtreme Monster

Beware, there something behind this staking here staking there, staking everywhere. Very high risk of scams, you have been warned trolls.

Tidex

sr. member

Activity: 521

Merit: 250

Quote from: VoskCoin on June 16, 2020, 08:47:19 PM

What sort of insurance fund / support do you have for users? What happens if there's a hack/breach?

The exchange has existed since 2017. It has not been hacked, although there were a lot of attempts - it's a standard situation for any exchange.

Even if the hack of the exchange happens, we will extract all the staking balances from Neutrino and return them in full. Nothing is stored on the exchange itself; all assets are on Neutrino cold wallets.

You also can see the technical implementation of all systems in WhitePaper.

rodskee

full member

Activity: 2520

Merit: 204

Quote from: VoskCoin on June 16, 2020, 08:47:19 PM

What sort of insurance fund / support do you have for users? What happens if there's a hack/breach?

Very important to every possible investors to learn how secure their investment inside the platform.
Though it's understandable that there's risk behind in every investment.

Knowing that exchange can give good insurance that they are capable to provide fund assistance
in case if hacked happened.

VoskCoin

sr. member

Activity: 1414

Merit: 487

YouTube.com/VoskCoin

What sort of insurance fund / support do you have for users? What happens if there's a hack/breach?

Tidex

sr. member

Activity: 521

Merit: 250

WEBSITE | FAQ | TWITTER | TELEGRAM CHANNEL

What are the risks of staking?
USDT staking is much safer than investing in IEOs, mining, or stakable PoS coins. You don't need to worry about the volatility risks or that the project itself will fail. However, the general technological risks associated with the blockchain technology are applicable to staking, too. All the contracts involved in the process have passed numerous stress and vulnerability tests, and the security system of the Tidex exchange is very robust. However, it's impossible to guarantee 100% security during electronic transfers of assets.

How to start staking?
1) Register on Tidex – it takes just one minute.
2) Log in and deposit USDT in your Tidex account.
3) In the Staking section of the dashboard, choose Invest USDT. If you don't see the dashboard, click on your username in the top menu bar and choose Staking from the drop-down menu.
4) Enter the amount you'd like to stake (min 100 USDT).
5) Click on Invest USDT.
Your stake will be activated immediately.

How to withdraw the staking profits?
The daily rewards will be automatically added to your balance. You can use them right away for trading or withdraw them from the exchange. You can track the payout history in the Deposit Details section.

WEBSITE | FAQ | TWITTER | TELEGRAM CHANNEL

Topic: Staking USDT | Staking Tether USD | TIDEX Staking crypto (Read 736 times)