Do you stake your dormant usdt or leave it??

iamcryptic

iamcryptic

BANNED
Joined
Aug 25, 2023
Messages
196
Reaction score
60
Hey mates, what do you all do with your USDT that's just sitting in your wallet? Do you save or stake it for good opportunities, or just leave it there? Personally, I look for lucrative flexible savings offers like the one I'm in now. 18% APR and take advantage of them while waiting to use the tokens. Extra income doesn't hurt, right? What's your strategy
 
Advertise on BHW
I don't stake any USDT
I just use it when some of the coin go lower so i buy the dip
 
iamcryptic said:
Hey mates, what do you all do with your USDT that's just sitting in your wallet? Do you save or stake it for good opportunities, or just leave it there? Personally, I look for lucrative flexible savings offers like the one I'm in now. 18% APR and take advantage of them while waiting to use the tokens. Extra income doesn't hurt, right? What's your strategy
Click to expand...
I think if you have a large amount of capital you should invest in business.
 
Depends on how much usdt we are talking about here. Anything less than 10 grand is not going to give good returns with this type of investment.
 
I think by now we’ve learned that there’s always a catch when platforms offer high APYs on staking any coin/token. Locking them up for extended amounts of time on a 3rd party platform holds significant risks.
 
iamcryptic said:
Hey mates, what do you all do with your USDT that's just sitting in your wallet? Do you save or stake it for good opportunities, or just leave it there? Personally, I look for lucrative flexible savings offers like the one I'm in now. 18% APR and take advantage of them while waiting to use the tokens. Extra income doesn't hurt, right? What's your strategy
Click to expand...
18% rings a bell seems you are talking about the recent offer on Bitget savings. This is a high yield imo and should be strongly considered ahaha. To know more just search on google. What do you think?
 

Attachments

  • savings.jpg
    savings.jpg
    39.5 KB · Views: 10
LeCrepes said:
I think by now we’ve learned that there’s always a catch when platforms offer high APYs on staking any coin/token. Locking them up for extended amounts of time on a 3rd party platform holds significant risks.
Click to expand...
elhamzee1 said:
18% rings a bell seems you are talking about the recent offer on Bitget savings. This is a high yield imo and should be strongly considered ahaha. To know more just search on google. What do you think?
Click to expand...

elhamzee1 said:
18% rings a bell seems you are talking about the recent offer on Bitget savings. This is a high yield imo and should be strongly considered ahaha. To know more just search on google. What do you think?
Click to expand...
LeCrepes said:
I think by now we’ve learned that there’s always a catch when platforms offer high APYs on staking any coin/token. Locking them up for extended amounts of time on a 3rd party platform holds significant risks.
Click to expand...
Yeah Le crepes probably it's a promo stuff for a short while. And yes elhamzee that's the one. But I think after doing more research on it. The offer is open for those primarily in south Asia.
 
I don't bother staking it. I never keep enough for it to make remotely significant gains anyway.
 
I do not keep much usdt in exchange. Convert it to other coins with less transfer fees and move to my country exchange most of the time.
 
iamcryptic said:
Hey mates, what do you all do with your USDT that's just sitting in your wallet? Do you save or stake it for good opportunities, or just leave it there? Personally, I look for lucrative flexible savings offers like the one I'm in now. 18% APR and take advantage of them while waiting to use the tokens. Extra income doesn't hurt, right? What's your strategy
Click to expand...
You can use it for spot and futures trading.
 
iamcryptic said:
Hey mates, what do you all do with your USDT that's just sitting in your wallet? Do you save or stake it for good opportunities, or just leave it there? Personally, I look for lucrative flexible savings offers like the one I'm in now. 18% APR and take advantage of them while waiting to use the tokens. Extra income doesn't hurt, right? What's your strategy
Click to expand...
I leave mine on Nexo and earn about 13%.

Not much.
 
If you have stale USDT I recommend swapping it for other stables.

USDC on Arbitrum through Beefy FInance, USDS from Sky Protocol, zUSD from Anzen Finance, USDe from Etherena...

Tons of real-yield based alternatives that you can get considerable APY increases, and not hold USDT directly which is starting to be delisted for compliance reasons (like in Coinbase).
 
Many platforms support mortgage stablecoins. Compared with traditional savings, you can get higher returns, but there are also risks.
 
Like you, I think this is a great way to earn steady interest while still having liquidity
 
I do not keep lot of usdt on exchanges and thus no point in staking it. There is so much risk with keeping too much usdt on exchanges because it can get hacked.
 
Advertise on BHW
You must log in or register to reply here.
Sign up now!

Main Menu

Home Main Forum List Black Hat SEO White Hat SEO BHW Newbie Guide Blogging Black Hat Tools Social Media Downloads

Marketplace

Account Selling Content / Copywriting EBooks / Methods Hosting Misc Proxies For Sale SEO - Link building SEO - Packages Social Media Social Media - Panels Web Design More

Making Money

Affiliate Programs Hire a Freelancer IM Journeys Making Money Pay Per Click Site Flipping Want to Buy

BlackHat World

Dispute Resolution Forum Suggestions & Feedback Introductions Lounge
Back
Top