Introduction
Lending USDD can be a great option for those who want to hold USDD while earning yield. The steps may seem a bit daunting, especially the first time you do them. That's why we've put this guide together for you.
Step-by-Step Guide
1. Obtain USDD (USDD) Tokens
To lend USDD, you need to possess it. To acquire USDD, you'll need to buy it. You can select from these popular exchanges.
2. Choose a USDD lender
Once you have USDD, you'll need to choose a USDD lending platform to lend your tokens. You can find some options here.
See all 6 lending ratesPlatform Coin Interest rate BTSE USDD (USDD) Up to 0.49% p.a. Kucoin USDD (USDD) Up to 20% p.a. 3. Lend Your USDD
Once you've chosen a platform to lend your USDD, transfer your USDD into your wallet on the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others do so 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. Ensure your lending platform pays compounding interest to maximise your returns.
What to Be Aware Of
Lending your crypto can be risky. Ensure 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 746.59M USDD in circulation. For those looking to buy or trade USDD, BTSE offers avenues to do so securely and efficiently
- Market capitalisation
- USD 744.55M
- 24-hour volume
- USD 2.03M
- Circulating supply
- 746.59M USDD