USDT Staking:
Best Ways to Stake Tether

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Time to read: 4 min

USDT staking involves holding stablecoins in your account as a way to earn passive income. Generally, cryptocurrency staking means securing funds in a crypto wallet to help a blockchain network run smoothly.

Many platforms offer this type of passive income as part of investment programs where users can earn interest on certain cryptocurrencies, including USDT. Today, we explored the best centralized exchanges and decentralized platforms that allow USDT staking.

Top 3 Best CEX Staking Platforms

Tether doesn’t operate on a PoS blockchain, so its native token cannot be staked in the usual way. However, you can still earn rewards by holding USDT on centralized platforms, which is more accurately described as lending or depositing.

Binance

  • Maximum Annual Percentage Rate (APR): 7.05%
  • Investment minimum: 0.1 USDT

Binance is the world’s most popular crypto exchange, boasting an extensive array of trading options and opportunities for passive income. The platform features an automatic subscription option, making it easy for you to consistently earn from your unused crypto assets with minimal effort.

KuCoin

  • Maximum APR: 5.87%
  • Investment limits: 10 to 1,000,000 USDT

KuCoin provides a broad selection of ways to earn interest in its ‘Earn’ section. These options include regular savings, stocks, and on-chain staking of PoS cryptocurrencies like Ethereum and the native KCS token.

Gate.io

  • Maximum APR: from 8-20%
  • Investment limits: from 1 USDT

Gate.io is a versatile crypto exchange that serves as a platform for USDT staking. If you’re looking to put your digital assets to work, you can choose from a range of options with different profit potentials and limits. This is a smart way to spread your risks and secure steady earnings.

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Best DeFi Staking Protocols to Know

From a client’s perspective, USDT staking works much like a savings account — you deposit a certain amount to start earning passive income. Additionally, there are options for pools managed directly by investors using DeFi protocols.

OKX DeFi Lending Protocol

  • Maximum APR: 132.83%
  • Supported Tether blockchains: Ethereum, BNB Chain, Solana, Aptos, Sui, OKC, Optimism, Arbitrum, Polygon
  • Where liquidity is pooled: Solend, Aave, Radpie, Venus, Alpaca Finance, Compound, and more.

This decentralized liquidity aggregator is part of the OKX exchange. You don’t need to create an exchange account; you can operate anonymously by connecting with a Web3 wallet, like the OKX Wallet or another. It offers a variety of tools for working with Tether, though keep in mind that profitability can fluctuate based on the market dynamics.

Venus DeFi Staking

  • Maximum APR: 8.21%
  • Supported Tether blockchains: BNB Chain

Venus is a decentralized protocol that lets you farm BEP-20 tokens on the Binance blockchain. This algorithm-driven platform allows for decentralized lending, creating a secure environment where lenders can earn interest and borrowers pay interest on their loans.

Conclusion

USDT staking is a great way for investors to earn income from their unused funds. This method is especially appealing because of USDT’s stable price history and the ability to avoid market risks.

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FAQ

  • What Is USDT?

    Tether is a digital currency that maintains a stable value against the US dollar.

  • Should I Buy USDT?

    Purchasing this stablecoin can be beneficial for managing volatility in cryptocurrency markets.

  • What Is the Best Way to Buy USDT?

    You can buy Tether easily and securely at Switchere.com with fiat, using credit cards, direct bank or SEPA transfers, or mobile payments like Apple Pay and Google Pay.

  • How to Stake Tether (USDT)?

    Deposit this stablecoin on exchanges or decentralized platforms to earn passive income.

  • How Do DeFi Protocols Work for USDT?

    Decentralized platforms allow you to earn interest on your digital currency by pooling it with others.

  • What Is the Best Protocol for USDT?

    Venus on the BNB Chain offers efficient and secure lending and earning options.

  • What Are Average Staking Rates for USDT?

    Rates generally vary from about 5% to 20%, depending on the platform and conditions.

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