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Author Topic: Maximizing Gains with USDT Savings  (Read 261 times)
EFS
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December 14, 2024, 06:58:43 PM
 #21

I wouldn't trust any system that offers 25% interest on USD. Sometimes sites can show such high rates for very short periods of time for promotional purposes. Or momentarily high rates can be shown in pools with very few funds. But it's impossible for them to give this rate continuously, it's not sustainable. Also, keeping my money in USDT doesn't seem safe enough to me. You should still be careful. Money is not easy to earn.

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December 14, 2024, 07:42:25 PM
 #22

I wouldn't trust any system that offers 25% interest on USD. Sometimes sites can show such high rates for very short periods of time for promotional purposes. Or momentarily high rates can be shown in pools with very few funds. But it's impossible for them to give this rate continuously, it's not sustainable. Also, keeping my money in USDT doesn't seem safe enough to me. You should still be careful. Money is not easy to earn.
The 25% interest system is still small, let's see there is a DEX that offers 44.3% APY interest for USDC and 61.38% APY PYUSD they offer no lock in a certain period and can be withdrawn at any time, people use this just to collect points to get airdrops in the future.

At least this is a risk that must be borne however one must judge from what they offer, but in the interest offered by the exchange it will not be too high compared to the offer from DEX.

Source: https://app.pluto.so/dashboard

R


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December 14, 2024, 08:10:56 PM
 #23

I wouldn't trust any system that offers 25% interest on USD. Sometimes sites can show such high rates for very short periods of time for promotional purposes. Or momentarily high rates can be shown in pools with very few funds. But it's impossible for them to give this rate continuously, it's not sustainable. Also, keeping my money in USDT doesn't seem safe enough to me. You should still be careful. Money is not easy to earn.
The 25% interest system is still small, let's see there is a DEX that offers 44.3% APY interest for USDC and 61.38% APY PYUSD they offer no lock in a certain period and can be withdrawn at any time, people use this just to collect points to get airdrops in the future.

At least this is a risk that must be borne however one must judge from what they offer, but in the interest offered by the exchange it will not be too high compared to the offer from DEX.

Source: https://app.pluto.so/dashboard
About the DEX that you posted. Have you staked or saved or do whatever to be done that gave you the flexible 61.38% APR daily?. If I see anything like this, I always see it as obvious scam.

I agree with what EFS posted. You will see them having up to 18% or more APR but later you will see them change it back to 10% or less than 10%. I have noticed this on all the exchanges. They are just for promotional purposes.

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December 22, 2024, 04:45:12 PM
 #24

If you’ve been exploring ways to grow your crypto portfolio, i just found a savings plan with competitive APRs that is worth considering. It's offering a 25% APR on USDT for a short-term commitment and has been generating buzz. 

What’s appealing about it? First, it’s just a 7-day lock-in, so your funds aren’t tied up for too long. Secondly, the structure allows for continued returns even after maturity, making it practical for those who want steady growth. 

Have you tried similar savings programs before? How do you balance the high yields with maintaining liquidity in your portfolio? Let’s discuss!

Seems you don't understand the marketing strategy of high APR with stablecoins. I hope you know that 25% APR will be multiply by 7/365multiply by your capital that you staked. If you stake $100, that's like 25%[25/100]x$100x7/365= $0.47945205479452. Now ask yourself, do you think stakimg your $100 usdt is worth having $0.4795 for a week? Don't you know that with this bull run, a properly manage $100traxe can give you atleast $5.

Other things you need to know is that high APY or APR are usually fraudulent activities, they are going to be using your funds for liquidity and then pay you guys a penny, it's better you don't even start because you will get scam before you even know. If you don't know what to do with your funds, keep them on your personal wallet and let's it stay there, it's better to that way.

Trading comes with risks but staking comes without risks, that's what you should know, anyways the staking offer on Bitget could benefit those with huge portfolio more than retail traders. But the offer is decent imo and it's on a 7day circle yes??
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December 22, 2024, 04:49:51 PM
 #25

Trading comes with risks but staking comes without risks, that's what you should know, anyways the staking offer on Bitget could benefit those with huge portfolio more than retail traders. But the offer is decent imo and it's on a 7day circle yes??
Do you mean staking or saving?

Staking which you can do with unstable coins even on noncustodial wallets is like investment. What if you stake and bear market comes? It is very risky but if done at the appropriate time, it can be good.

Savings like the one you mean on Bitget. Do not forget that they are centralized exchanges. Not your key not your coins is the risk. What if the exchange is hacked in a way that customers money are lost.

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