Introduction
Staking USDD can be a great option for those who want to hold USDD but earn yield in a safe way whilst contributing to the network. The steps can be a bit daunting, particularly the first time you do them. That’s why we’ve put this guide together for you.
Step-by-Step Guide
1. Obtain USDD (USDD) Tokens
To stake USDD, you need to have it. To obtain USDD, you'll need to purchase it. You can choose from these popular exchanges.
See all 18 pricesPlatform Coin Price BTSE USDD (USDD) 0.97 Kucoin USDD (USDD) 1 Bitmart USDD (USDD) 1 Gate.io USDD (USDD) 1 LBank USDD (USDD) 0.97 FMFW.io USDD (USDD) 0.99 2. Choose a USDD Wallet
Once you have USDD, you’ll need to choose a USDD wallet to store your tokens. Here are some good 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 faster to get up-and-running. A staking pool is a group of validators who combine their USDD, which gives them a higher chance of validating transactions and earning rewards. You can do this through your wallet’s interface.
4. Start Validating
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 USDD network. You'll be rewarded with USDD for these validations.
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.
Latest Movements
USDD (USDD) is currently priced at US$8 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, FMFW.io offers avenues to do so securely and efficiently}
- Market capitalisation
- US$744.55M
- 24-hour volume
- US$2.03M
- Circulating supply
- 746.59M USDD