How to Stake USDD (USDD): A Comprehensive Guide for Australians

Introduction

Staking USDD can be a great option for those who want to hold USDD 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.

Step-by-Step Guide

1. Obtain USDD (USDD) Tokens
To stake USDD, you need to own it. To obtain USDD, you'll need to buy it. You can choose from these popular exchanges.
Platform Coin Cost
BTSE USDD (USDD) 1
Kraken USDD (USDD) 1
BingX USDD (USDD) 1
Bitmart USDD (USDD) 1.01
FMFW.io USDD (USDD) 1.24
Gate.io USDD (USDD) 1
See all 22 prices
2. Choose a USDD Wallet
Once you have USDD, you'll need to choose a USDD wallet to store your tokens. Here are some great options.
Platform Coin Staking returns
FMFW.io USDD (USDD) Up to 8% % p.a.
3. Delegate Your USDD
We recommend using a staking pool when staking USDD. It's simpler and quicker to get started. A staking pool is a group of validators who combine their USDD, increasing their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Begin Validation
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 USDD network. You'll be rewarded with USDD for these validations.

Platform	Coin	Cost
BTSE	USDD (USDD)	1
Kraken	USDD (USDD)	1
BingX	USDD (USDD)	1
Bitmart	USDD (USDD)	1.01
FMFW.io	USDD (USDD)	1.24
Gate.io	USDD (USDD)	1

Platform	Coin	Staking returns
FMFW.io	USDD (USDD)	Up to 8% % p.a.

What to Be Aware Of

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.