Earn up to
16,2% APY
An in-depth guide on how to stake First Digital USD (FDUSD)
We have a lot of data on staking First Digital USD (FDUSD) and we share some of this with you.
We show you some staking options with other coins that could be of interest.
First Digital USD (FDUSD) is currently priced at US$16.2 with a 24-hour trading volume of US$6.67B. The market cap of First Digital USD stands at US$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 but earn yield in a safe way while contributing to the network. 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.
In order to stake First Digital USD, you need to have it. To obtain First Digital USD, you'll need to purchase 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 good options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Binance | First Digital USD (FDUSD) | Up to 16,2% APY |
We recommend using a staking pool when staking FDUSD. It’s simpler and faster to get up-and-running. A staking pool is a group of validators who combine their FDUSD, which gives them a higher chance 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 you need to consider. There can also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.
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