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 possess it. To acquire USDD, you’ll need to buy it. You can select 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 see some options here.
See all 6 lending ratesPlatform Coin Interest rate Kucoin USDD (USDD) Up to 20% AER BTSE USDD (USDD) Up to 0.49% AER 3. Earn USDD
Once you've selected 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 do so weekly or monthly.
4. Earn Interest
Now all you need to do is sit back whilst 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 maximise 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 stands at US$744.55M, with 746.59M USDD in circulation. For those looking to purchase or trade USDD, Kucoin offers avenues to do so securely and efficiently}
- Market capitalisation
- US$744.55M
- 24-hour volume
- US$2.03M
- Circulating supply
- 746.59M USDD