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 lend USDD, you need to have it. To get USDD, you'll have to buy it. You can choose 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 check out some options here.
See all 6 lending ratesPlatform Loonies Interest rate Kucoin USDD (USDD) Up to 20% annual percentage yield BTSE USDD (USDD) Up to 0.49% annual percentage yield 3. Earn USDD
Once you've chosen a platform to earn your USDD, transfer your USDD into your wallet on the earning platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others pay 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 earning platform pays compounding interest to maximize 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 US$2.03M. The market cap of USDD is currently at US$744.55M, with 746.59M USDD in circulation. For those interested in buying or trading USDD, Kucoin offers ways to do so securely and efficiently
- Market capitalization
- US$744.55M
- 24h volume
- US$2.03M
- Circulating supply
- 746.59M USDD