Earn up to
16.2% p.a.
A comprehensive guide on how to stake First Digital USD (FDUSD)
We have a wealth of data on staking First Digital USD (FDUSD) and we're pleased to share some of this with you.
We present some staking options with other coins that may be of interest.
First Digital USD (FDUSD) is currently priced at USD 16.2 with a 24-hour trading volume of USD 6.67B. The market cap of First Digital USD stands at USD 1.79B, with 1.79B FDUSD in circulation. For those looking to buy or trade First Digital USD, Binance offers avenues to do so securely and efficiently
Staking First Digital USD can be a great option for those who want to hold FDUSD while earning yield safely and contributing to the network. The steps may seem daunting, especially the first time you attempt them. That's why we've created this guide for you.
To stake First Digital USD, you need to own it. To obtain First Digital USD, you'll need to buy it. You can choose from these popular exchanges.
Once you have FDUSD, you'll need to choose a First Digital USD wallet to store your tokens. Here are some great options.
| Platform | Coin | Staking returns |
|---|---|---|
| Binance | First Digital USD (FDUSD) | Up to 16.2% p.a. |
We recommend using a staking pool when staking FDUSD. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FDUSD, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
You'll need to wait for your deposit to be confirmed by your wallet. Once it's confirmed, you'll automatically validate transactions on the First Digital USD network. You'll be rewarded with FDUSD for these validations.
There are transaction and staking pool fees to consider. Additionally, there may be a waiting period before you start earning rewards. The staking pool needs to generate blocks, which can take some time.
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