Lend USDT

Earn money by lending USDT

Lend crypto to passively make money from assets that you’re not currently using.

 

As a lender, you can gain money through interest on your crypto – perfect for earning passive income on assets you’re hodling. You can also participate in lending economies as a borrower. This lets you take out a leverage position on your crypto holdings or gain short-term liquidity.

 

Learn about lending

Lend USDT

Lend USDT through Ledger Live with Compound

Access compound lending services directly through Ledger Live.* When lending USDT, you deposit your tokens into a compound smart contract in exchange for cUSDT. These represent your claim to the assets and interest.

* not available for borrowing

Benefits of lending USDT through Ledger Live


Totally secure

Your hardware wallet secures your cUSDT. So no one can claim your assets while lending them.

You're in control

As well as lending crypto, you can buy, exchange and grow your assets with Ledger Live. All in one app.

1,800+ assets supported

Secure and manage over 1,800 coins and tokens with your Ledger wallet. Including Bitcoin, Ethereum, XRP and more.

Buy a hardware wallet

How it works

Step 1/3

Install app and create account

On Ledger Live, go to the Manager and install the ETH appplication, then create an account.

Step 2/3

Enable your account

Enable your account to allow the Compound protocol to start lending. By doing this, you authorise Compound’s smart contract to interact with your account. You’ll need to verify this on your Ledger wallet.

Step 3/3

Approve transaction

Select the amount of USDT you want to lend and issue a transaction to the Compound protocol. You’ll need to verify and approve this transaction on your wallet.

Relax

All done – you’re now lending crypto. You can withdraw your USDT and interest payments directly from Ledger Live, whenever you like. Enjoy!

Crypto you can lend with Ledger

Lend and securely manage different crypto through Ledger Live with Compound

Why you need a hardware wallet when lending

When you own crypto, what you really own is a private key that gives you access to your coins. You need to keep this key completely safe – just like you would with your bank card or cash. When you keep and lend your crypto online, on an exchange for instance, you are not in control of this key, the exchange is.

 

A crypto wallet helps you protect and control your private key. Ledger hardware wallet,combined with our Ledger Live app are the best way to own and secure crypto. They’re the only crypto wallets that securely store your crypto offline – safe from hackers.

Why you need a hardware wallet

What you can do with your crypto

Secure, manage and grow your crypto assets with our partners. It’s easy with your Ledger wallet and Ledger Live.

Buy

Buy crypto on Ledger Live with our partners.

Learn more

Swap

Exchange one crypto for another on Ledger Live with our partners.

Learn more

Stake

Use Ledger Live to earn crypto rewards – without lifting a finger.

Learn more

Frequently Asked Questions

You can lend USDT, USDC and DAI directly through Ledger Live using Compound protocol.

See the list of compatible assets

When you lend your crypto through Ledger Live, you send your assets to Compound smart contract. This means the security of your assets depends on the security of Compound smart contract.

Learn more

Lending is usually done through decentralized applications that allow you to lend your digital assets out to other users & earn interest for it.

As a lender, this could allow you to generate some interest income on your crypto - it could be an opportunity for earning passive income with assets you're hodling.

Learn more