How to Stake USDD (USDD): A Comprehensive Guide for the UK

Introduction

Staking USDD can be an excellent option for those who wish to hold USDD 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.

Step-by-Step Guide

1. Obtain USDD (USDD) Tokens
To stake USDD, you need to possess it. To obtain USDD, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price
BTSE USDD (USDD) 1
Kraken USDD (USDD) 1
BingX USDD (USDD) 1
Bitmart USDD (USDD) 0.96
FMFW.io USDD (USDD) 1.24
Gate.io USDD (USDD) 1
View all 22 prices
2. Choose a USDD Wallet
Once you have USDD, you'll need to choose a USDD wallet to store your tokens. Here are some suitable options.
Platform Coin Staking rewards
FMFW.io USDD (USDD) Up to 8% AER
3. Delegate Your USDD
We recommend using a staking pool when staking USDD. It's simpler and quicker to get started. A staking pool is a group of validators who combine their USDD, which increases their chances of validating transactions and earning rewards. You can do this through your wallet's interface.
4. Start Validating
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 USDD network. You will be rewarded with USDD for these validations.

Platform	Coin	Price
BTSE	USDD (USDD)	1
Kraken	USDD (USDD)	1
BingX	USDD (USDD)	1
Bitmart	USDD (USDD)	0.96
FMFW.io	USDD (USDD)	1.24
Gate.io	USDD (USDD)	1

Platform	Coin	Staking rewards
FMFW.io	USDD (USDD)	Up to 8% AER

What to Be Aware Of

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.