Topic: USDT interest rate (Read 102 times)
If you're fine with something riskier, try to check out a P2P platform like Yield.credit. It is a true P2P lending platform and not a yield farming one, so you can lend and borrow from individuals. You can create your own offers and set the interest, such as 10% for 10 days loan. So not an APY, but real interest per loan/borrow. Keep in mind that due to using the ETH network, the fees are so expensive. Things might change when they use Fantom, but for now you'll have to face it if you want to try the platform.
When using margin trading i have noticed that USDT interest rate is quite high 40-100%APY depends on exchange.
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
You can try to find that through this link https://interest.coinmarketcap.com/currencies/tether
I think that lending was offering small APY for USDT lending.
You can also try to use your USD to participate in the yield farming as well, this offers better apy than lending site
https://coinmarketcap.com/yield-farming/
the choice is yours and you must think wisely.
Yes the USDT seems good to make investment and has good interest rate as well on this moment , but unless if you didn't care how dangerous it is in the future.. Because you know this kind of stable coins has no potential to win over some alternative coins in the market. Because its very stable, infact most traders usually keep their imoney in it when trading in some exchanges.. But only to secure from the fall no other purpose... For me in my own opinion much better to look forward in some cyrpto in the market wherein truly there's a better rate rather than USDT.
When using margin trading i have noticed that USDT interest rate is quite high 40-100%APY depends on exchange.
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
In addition to what others have said already, you should keep in mind that there are no good interest rates for USDT or any other stablecoins in the markets. If you want to enjoy better rates, you have to use the native tokens of those platforms whether it's an exchange, defi platform/protocol or peer to peer lending platform. That's the best way to get the most out of those APY based interest rates. You should also apply caution if you when using these platforms as most of them have added leverages to their lending.
That 40%-100% APY through margin trading will liquidate you easily. The safest that I've seen is around 10% APY if you're going to stake or put that in an interest/earn feature of any exchange or wallet that supports it like Abra.
(https://www.abra.com/earn-interest-on-crypto/)
(https://www.abra.com/earn-interest-on-crypto/)
Where i can find Good APY for USDT lending?
Here is my piece of advice.The so-called lending and staking platforms give very low returns for the risk you have taken to;
1. Trust the platform that they won't be hacked
2. Trust USDT that It won't fall into trouble with the US government during the time you have your tokens locked
Why don't you just buy bitcoin's dips and watch yourself get far more returns than the so-called lending platforms will offer?
Bitcoin can easily make over 20% returns in a month than the APY they are offering you for a full year.
The interest rate you're talking about sounds "too good to be true" and whenever you see anything like that, just stay away from it. Try to find better opportunities where staking would fetch you some worthy coins and not some big losses. I've also been watching all this staking mess but I didn't participate nor interested in it. You can only earn better %s on DeFi projects where you need to buy LP tokens and stake them.
When using margin trading i have noticed that USDT interest rate is quite high 40-100%APY depends on exchange.
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
I do not think that you should look for USDT interest because that is as dangerous as it gets depending on where you are doing it. Because there are so many places that take advantage of people like you, offer that kind of return, use that money to pay you back and create a huge ponzi, eventually claim they got "hacked" and not pay anyone and run with the money.But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
Those type of ponzis happened a lot of times before and it will keep happening as long as people keep looking for 100%+ rates, even 10% is huge and unrealistic if you consider what the interest rates are in fiat economy, if you get some money into 10% and keep doing that for 30-40 years you are going to be one of the richest person you know, that is not sustainable and it will always end badly for people who believe in it. Just use it to trade or do not use it, do not look for unrealistic interest rates.
Won't really trust a platform offering very high APY. High chance that they will exit upon collecting good sum of money. Like you said, some may claim that they got "hacked", but in reality, they just don't want to pay their investors and run away from their obligations. Better put your money on a reputable platform even if they have relatively low APY. At least, you are confident that you can get your money back. Most platforms with high APY usually are practicing ponzi scheme, once there are no more participants, that's when they start having problems. So be careful being attracted to too-good-to-be-true returns.
When using margin trading i have noticed that USDT interest rate is quite high 40-100%APY depends on exchange.
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
I do not think that you should look for USDT interest because that is as dangerous as it gets depending on where you are doing it. Because there are so many places that take advantage of people like you, offer that kind of return, use that money to pay you back and create a huge ponzi, eventually claim they got "hacked" and not pay anyone and run with the money.But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
Those type of ponzis happened a lot of times before and it will keep happening as long as people keep looking for 100%+ rates, even 10% is huge and unrealistic if you consider what the interest rates are in fiat economy, if you get some money into 10% and keep doing that for 30-40 years you are going to be one of the richest person you know, that is not sustainable and it will always end badly for people who believe in it. Just use it to trade or do not use it, do not look for unrealistic interest rates.
I don't think you will find any platform to gives high APY on lending interest rates even if it's the DeFis. The point of all those platforms is for their founders to also profit from the market craze.
For example, Aave has USDT borrowing rates of 67.98%, but the lending rates are at 11.76%. Where do you think the difference goes?
I would also be very careful looking for defis with very high interest rates. For example Cream Finance has one of the highest USDT interest rates according to this
But they got hacked not so long ago - https://atozmarkets.com/news/cream-finance-defi-protocol-hacked-37-5-million-stolen/
For example, Aave has USDT borrowing rates of 67.98%, but the lending rates are at 11.76%. Where do you think the difference goes?
I would also be very careful looking for defis with very high interest rates. For example Cream Finance has one of the highest USDT interest rates according to this
But they got hacked not so long ago - https://atozmarkets.com/news/cream-finance-defi-protocol-hacked-37-5-million-stolen/
When using margin trading i have noticed that USDT interest rate is quite high 40-100%APY depends on exchange.
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
But how to get advantage of that high usdt interest rate? Peer to peer lending seems to have more like 10-15% APY, far from exchange APY.
Where i can find Good APY for USDT lending?
Jump to: