how to lend usdt on binance

By following the steps outlined in the provided article, you can easily add USDT to your Binance wallet and begin lending it out to earn passive income.

Nov 02, 2024 at 02:14 am

How to Lend USDT on Binance

Step 1: Create a Binance Account

1. Go to Binance's official website and click "Register."
2. Enter your email address and create a strong password.
3. Complete the KYC verification process by providing your identity documents.

Step 2: Add USDT to Your Binance Wallet

1. Deposit USDT into your Binance wallet by clicking "Deposit."
2. Select "Cryptocurrency" and then "USDT" from the dropdown menus.
3. Choose the network you want to use (BEP20 or ERC20) and enter the amount you want to deposit.
4. Follow the on-screen instructions to complete the deposit.

Step 3: Access the Binance Lending Service

1. Click on "Finance" at the top of the Binance homepage.
2. Select "Lending" from the left-hand menu.
3. Click on "Flexible Savings" to lend your USDT.

Step 4: Choose a Lending Period

Flexible Savings allows you to lend your USDT for variable periods. Available periods range from 7 days to 90 days.

Step 5: Enter the Amount You Want to Lend

1. Enter the amount of USDT you want to lend in the "Amount" field.
2. Select the "Lending Period" from the dropdown menu.

Step 6: Confirm and Start Lending

1. Review the terms of the loan agreement.
2. Click on "Subscribe" to start lending your USDT.

Benefits of Lending USDT on Binance

• Earn passive income on your USDT holdings.
• Flexible lending periods to suit your needs.
• Secure and reliable platform with high liquidity.