Introduction
Lending First Digital USD can be an excellent choice for those looking to hold FDUSD while generating a return. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to help you navigate through it.
Step-by-Step Guide for Italian Investors
1. Acquire First Digital USD (FDUSD) Tokens
To lend First Digital USD, you must first possess it. To acquire First Digital USD, you'll need to buy it. You can select from these well-known exchanges available in Italy.
Check out all 19 pricesPiattaforma Criptovaluta Value Binance First Digital USD (FDUSD) 1 APY Azbit First Digital USD (FDUSD) 1 APY BingX First Digital USD (FDUSD) 1 APY Bitget First Digital USD (FDUSD) 1 APY Bybit First Digital USD (FDUSD) 1 APY 2. Select a First Digital USD Lender in Italy
Once you have FDUSD, you'll need to select a First Digital USD lending platform to lend your tokens. You can explore some options here.
Discover all 5 lending APY ratesPiattaforma Criptovaluta APY Aave First Digital USD (FDUSD) Up to 2,86% APY BTSE First Digital USD (FDUSD) Up to 7% APY 3. Earn First Digital USD in Italy and take advantage of competitive APY rates offered by various providers
Once you've selected a platform to earn your First Digital USD, transfer your First Digital USD into your wallet on the earning platform. Once it's deposited, it will begin to accrue APY. Some platforms offer interest payments daily, while others do so weekly or monthly.
4. Earn Interest
Now all you need to do is relax while your cryptocurrency earns APY. The more you deposit, the more interest you can accumulate. Be sure to choose a platform that offers compounding interest to maximize your returns.
What to Consider in Italy
Lending your cryptocurrency can involve significant risks
Recent Developments
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- Market capitalization
- US$1.79B
- 24h volume in the Italian market
- US$6.67B
- Circulating supply
- 1,79B FDUSD
