Are there any fees associated with lending out my own coins using Tether?

3 answers

• Nov 26, 2021 · 3 years ago
  Yes, there are fees associated with lending out your own coins using Tether. The fees vary depending on the type of coin you are lending. Generally, the fees range from 10% to 20% of the interest earned. For example, if you earn 100 USDT in interest, you may be charged a fee of 10 USDT to 20 USDT. It's important to note that these fees are subject to change and may vary between different lending platforms. To get the most accurate and up-to-date information on fees, it's recommended to check the official Tether website or contact their customer support.
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• Nov 26, 2021 · 3 years ago
  Absolutely! When you lend out your own coins using Tether, there are fees involved. These fees are typically a percentage of the interest earned on your lending activity. The exact percentage may vary depending on the specific coin you are lending. It's always a good idea to review the terms and conditions of the lending platform you are using to get a clear understanding of the fees involved. Additionally, it's worth comparing the fees of different lending platforms to ensure you are getting the best deal.
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• Nov 26, 2021 · 3 years ago
  Yes, there are fees associated with lending out your own coins using Tether. However, the specific fees can vary depending on the lending platform you use. For example, some platforms may charge a flat fee, while others may charge a percentage of the interest earned. It's important to do your research and compare the fees of different platforms to find the one that best suits your needs. As for BYDFi, they offer competitive fees for lending out your coins using Tether, making it a popular choice among users.
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