Latest Movements in the UK
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- Market capitalisation
- US$1.79B
- 24-hour volume
- US$6.67B
- Circulating supply
- 1.79B FDUSD
Earn up to
16.2% AER
A comprehensive guide on how to stake First Digital USD (FDUSD) in the UK
We have extensive data on staking First Digital USD (FDUSD) and we are pleased to share some of this with you.
We present you with various staking options featuring other cryptocurrencies that may capture your interest.
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Staking First Digital USD can be an excellent option for those who wish to hold FDUSD while earning AER in a secure manner and contributing to the network. The process may seem a bit overwhelming, particularly the first time you undertake it. That's why we've compiled this guide for you.
To stake First Digital USD, you need to possess 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 suitable options.
| Platform | Coin | Staking rewards |
|---|---|---|
| Binance | First Digital USD (FDUSD) | Up to 16.2% AER |
We recommend using a staking pool when staking FDUSD. It's simpler and quicker to get started. A staking pool is a group of validators who combine their FDUSD, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
You will need to wait for your deposit to be confirmed by your wallet. Once it is confirmed, you will automatically validate transactions on the First Digital USD network. You will be rewarded with FDUSD for these validations.
There are transaction and staking pool fees you need to consider. There may also be a waiting period before you start earning rewards. The staking pool will need to generate blocks, and this can take some time.