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Do you invest usdt with high interest on Binance?

  • Thread starter Thread starter deucher
  • Start date Start date

deucher

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Every Wednesday, Binance holds a promotion where you can invest your stablecoins at very high interest rates. For example, now you can invest for 28% per year and it is really a very profitable investment because no other exchanges offer such high interest rates. I have already invested assets that I do not currently use and can withdraw them at any time
 
I don't use Binance, and I don't usually hold a lot of USDT either, but the offer sounds very interesting, but when I see such high interest rates, I automatically distrust the sustainability of such a rewards program, I've seen many systems that offered a lot of interest disappear or collapse.
 
I use USDT to hedge against market risk as well as trading pair but I do not invest in USDT. Last time I checked USDT had 17 percent APY, however, assets like Floki has more APY, currently it is set to 21 percent.
 
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