How to Stake USDD (USDD)

Introduction

Staking USDD can be an excellent choice for those looking to hold USDD while earning APY in a secure manner and supporting the network. The process may seem a bit intimidating, particularly for first-timers. That’s why we’ve created this guide to assist you.

Step-by-Step Guide for Italian Investors

1. 1. Acquire USDD (USDD) Tokens

   To stake USDD, you must first acquire it. To obtain USDD, you'll need to buy it. You can select from these well-known exchanges available in Italy.

   Piattaforma	Criptovaluta	Value
   BTSE	USDD (USDD)	1 APY
   Kraken	USDD (USDD)	0,99 APY
   BingX	USDD (USDD)	1 APY
   Bitmart	USDD (USDD)	1,01 APY
   FMFW.io	USDD (USDD)	1,24 APY
   Gate.io	USDD (USDD)	1 APY

   Check out all 22 prices

2. 2. Select a USDD Wallet

   Once you have USDD, you'll need to select a USDD wallet to securely store your tokens. Here are some excellent options tailored for the Italian market.

   Piattaforma	Criptovaluta	Staking rewards
   FMFW.io	USDD (USDD)	Up to 8% APY

3. 3. Delegate Your USDD

   We recommend using a staking pool when staking USDD. It's more straightforward and quicker to get started. A staking pool is a collective of validators who pool their USDD, enhancing their chances of validating transactions and earning rewards. You can manage this through your wallet's interface.

4. 4. Begin the Validation Process

   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. For these validations, you'll receive rewards in USDD.

What to Consider in Italy

When engaging in staking, it's important to factor in the transaction and staking pool fees. Additionally, you may encounter a waiting period before you begin to earn rewards. The staking pool must generate blocks, which can take a bit of time.