How much interest do you earn from your USDT?

[Z_MBFM]

Well asking this question cos I wanted to see how many of you do stake your USDT. I have seen my friends earning lots of interest from their USDT holdings. So I also wanted to stake some USDT to earn some interest since it's sitting on my wallet doing nothing. I checked a few cexs that offer USDT saving option or other options that offer interests.

Exchanges used to offer more than 10% APR rate for USDT staking but now they have reduced it a lot. I used to do USDT staking on Binance because back then they offered higher interest rates than banks. But now I don't. However, you can stake FDUSD on Binance regardless of how low the annual interest rate is. You will get free tokens in the form of airdrops from every Launchpool on Binance. From which you can earn a good amount. If you have $5000 FDUSD holding then you can get at least $20-100 from each Launchpool. If you calculate that, your annual interest rate will be much higher

[Zekiarri]

I totally understand your dilemma! I was in a similar spot not long ago with my USDT. I ended up going with Bitget because the tiered rates were pretty tempting, especially with that potential for higher returns. I liked that you could tweak your staked amount to get better rates. Just keep an eye on the fees and how easy it is to withdraw when you need your funds.

[Solosanz]

Exchanges used to offer more than 10% APR rate for USDT staking but now they have reduced it a lot. I used to do USDT staking on Binance because back then they offered higher interest rates than banks. But now I don't. However, you can stake FDUSD on Binance regardless of how low the annual interest rate is. You will get free tokens in the form of airdrops from every Launchpool on Binance. From which you can earn a good amount. If you have $5000 FDUSD holding then you can get at least $20-100 from each Launchpool. If you calculate that, your annual interest rate will be much higher

Yeah it's more profitable than staking, but I heard that as the time goes, the reward is getting smaller and smaller, especially the recent launchpool which is Hamster Kombat. Unfortunately there are no profitable ways except you want to gamble by purchasing low market cap coins which offer huge amount APR rate.

Too many people are joining launchpool which make the reward getting smaller and smaller.

[passwordnow]

Too many people are joining launchpool which make the reward getting smaller and smaller.

That's right and that's why I get tired of joining them and instead, my USDT and other coins that are required in doing that have been placed better somewhere else and bought it with another crypto. I guess that's the best that I can do and with how I've learned my past mistake, I hope that this is going to get better and make more value when the right time comes and I decide to sell it.

with USDT staking the interest depends on the supply on the related blockchain to get it, everything needs to be done with monitored, so that its movement can be seen, it is necessary to study its indicative nature, staking dividends can change depending on the related blockchain network.

You don't actually need to monitor it. You just deposit it on that platform or exchange that you want to stake it as they say and leave it. The flexible options have lower interest rate because they can be pulled out anytime while those locked in options have higher interest rates because you can't withdraw anytime as you wish.