Earning high APY Lending Stablecoins on Kucoin!


There are many competing ways to earn on your crypto these days so choosing ways that give you consistently high ROI is like finding that perfect apple in the pile at the supermarket. Which options you choose depends on whether you are actively trading or holding your positions for long-term growth. Many traders turn to stable coins (USDT, USDC, DAI ect.) to round out there portfolio or to use as a safe-haven while waiting for opportunities in the market. Short-term lending of these coins offers an attractive way to earn on these coins.

Kucoin offers users a platform to lend out their stable coins at high daily interest rates Kucoin Lending. Other coins are available, but are not recommended as APY is typically low compared to stable coins and may depreciate in value while being lent out.

952e204882bd5c6ab18fa074b9d0d9417ca19f36e6ed00624ea3f2c07c24d048.png

Terms include 7, 14, and 28 days and it is recommended that you lend at the current most competitive rates to ensure your coins are always earning interest. Auto-lending is available, which ensures coins are constantly being lent when users are not active.

In summary, stable coin lending offers an attractive way to maintain and grow value in your account and should be a on the radar of any crypto investor.

How do you rate this article?


1

0

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.