#BinanceEarnYieldArena

Binance Launches High-Yield USDT Earning Program Amid Fierce Market Competition

This week, Binance, the world’s leading crypto exchange by trading volume, announced the introduction of a tether ( USDT) earning program with up to a 13% annual percentage yield (APR). Binance’s USDT earn product joins a slew of other digital currency trading platforms offering yield services for stablecoin assets.

Binance Adds New Tether Earning Option With Potential 13% Annual Yield

Binance is offering investors a chance to earn as much as 13% APY with its newest program. But the offer is available for a limited time. The promotion began November 7 and ends November 13, 2023.

“Back by popular demand… you can now earn up to 13% APR with USDT on Binance Earn,” the exchange announced. It emphasized the offer’s “real-time APR,” with rewards accruing and adding up in the user’s Earn wallet every minute.

A variety of exchanges and cryptocurrency businesses have provided rewards on crypto assets for the past three years. Stablecoins such as USDT and USDC are in higher demand than traditional cryptocurrencies like bitcoin (BTC) or ethereum (ETH) and usually offer better rewards.