Introduction
Lending First Digital USD can be an excellent choice for those looking to hold FDUSD while earning APY. The process may seem a bit overwhelming, particularly for first-time users. That's why we've created this guide to assist you.
Step-by-Step Anleitung
1. Acquire First Digital USD (FDUSD) Tokens
To lend First Digital USD, you first need to possess it. To acquire First Digital USD, you'll have to buy it. You can select from these well-known exchanges.
View all 19 pricesPlattform Kryptowährung Price Binance First Digital USD (FDUSD) 1 APY Azbit First Digital USD (FDUSD) 1 APY BingX First Digital USD (FDUSD) 1 APY Bitget First Digital USD (FDUSD) 1 APY Bybit First Digital USD (FDUSD) 1 APY 2. Select a First Digital USD provider
Once you have FDUSD, you'll need to select a First Digital USD lending platform to lend your tokens. You can explore some options here.
View all 5 lending APY ratesPlattform Kryptowährung APY Aave First Digital USD (FDUSD) Up to 2,86 % APY BTSE First Digital USD (FDUSD) Up to 7 % APY 3. Earn First Digital USD in Germany's evolving financial landscape
Once you've selected a platform to earn your First Digital USD, transfer your First Digital USD into your wallet on the earning platform. Once it's deposited, it will begin to accrue 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 cryptocurrency earns APY. The more you deposit, the more APY you can earn. Make sure your earning platform pays compound interest to maximize your returns.
What to Consider
Lending your crypto can be risky. Ensure you conduct thorough research before depositing your crypto. Don't lend more than you're prepared to lose. Review their lending practices, customer feedback, and the measures they take to secure your cryptocurrency.
Recent Developments
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- Market capitalization
- US$1.79B
- 24h Handelsvolumen
- US$6.67B
- Circulating supply
- 1,79B FDUSD
