Where and How to Lend USDD (USDD)

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. 1. Get USDD (USDD) Tokens

   To lend USDD, you need to have it. To get USDD, you'll need to buy it. You can choose from these popular exchanges.

   Platform	Loonies	Price
   Kraken	USDD (USDD)	1
   BTSE	USDD (USDD)	0.97
   Kucoin	USDD (USDD)	1
   Bitmart	USDD (USDD)	1.01
   Gate.io	USDD (USDD)	1
   LBank	USDD (USDD)	0.97

   See all 20 prices

2. 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	Loonies	Interest rate
   Kucoin	USDD (USDD)	Up to 20 annual percentage yield
   BTSE	USDD (USDD)	Up to 0.49 annual percentage yield

   See all 6 lending rates

3. 3. Lend Your USDD

   Once you’ve chosen a platform for lending 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 pay weekly or monthly.

4. 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 maximize your returns.

What to be Aware of

Loaning 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 out their lending practices, reviews, and how they secure your cryptocurrency.