Introduction
Lending USDD can be a great option for those who want to hold USDD but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Acquire USDD (USDD) Tokens
To be able to lend USDD, you need to have it. To get USDD, you’ll have to buy it. You can pick from these popular exchanges.
See all 9 pricesPlatform Coin Price BTSE USDD (USDD) 0.96 Bitmart USDD (USDD) 0.99 Kucoin USDD (USDD) 0.99 Gate.io USDD (USDD) 1 LBank USDD (USDD) 0.97 FMFW.io USDD (USDD) 1.24 2. Choose a USDD Lender
Once you have USDD, you’ll need to choose a USDD lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate Kucoin USDD (USDD) Up to 20 APY BTSE USDD (USDD) Up to 0.49 APY 3. Lend Your USDD
Once you’ve chosen a platform to lend your USDD, transfer your USDD into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly or monthly.
4. Earn Interest
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
What to be Aware of
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
Latest Movements
USDD (USDD) is currently priced at 0 with a 24-hour trading volume of USD 2.03M. The market cap of USDD stands at USD 744.55M, with USD 746.59M USDD in circulation. For those looking to buy or trade USDD, Kucoin offers avenues to do so securely and efficiently
- Market cap
- USD 744.55M
- 24h volume
- USD 2.03M
- Circulating supply
- USD 746.59M