Where and How to Earn First Digital USD (FDUSD)

Introduction

Lending First Digital USD can be an excellent choice for those looking to hold FDUSD while generating yield. The process may seem a bit overwhelming, particularly for first-timers. That's why we've created this guide specifically for you.

Step-by-Step Guide for Navigating Cryptocurrency in Portugal 1

1. 1. Acquire First Digital USD (FDUSD) Tokens in Portugal

   To lend First Digital USD in Portugal, you first need to possess it. To acquire First Digital USD, you will need to purchase it. You can select from these popular exchanges available in the Portuguese market.

   Plataforma	Moeda	Price in Portugal
   Binance	First Digital USD (FDUSD)	1
   Azbit	First Digital USD (FDUSD)	1
   BingX	First Digital USD (FDUSD)	1
   Bitget	First Digital USD (FDUSD)	1
   Bybit	First Digital USD (FDUSD)	1

   View all 19 prices

2. 2. Select a First Digital USD Lender in Portugal

   Once you have FDUSD, you'll need to select a First Digital USD lending platform to lend your tokens. You can explore some options tailored for the Portuguese market here.

   Plataforma	Moeda	APY
   Aave	First Digital USD (FDUSD)	Up to 2,86% APY in Portugal
   BTSE	First Digital USD (FDUSD)	Up to 7% APY in Portugal

   Explore all 5 lending rates available in Portugal

3. 3. Earn First Digital USD in Portugal

   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 interest. Some platforms offer interest payments daily, while others do so weekly or monthly.

4. 4. Earn Interest

   Now all you need to do is relax while your cryptocurrency earns interest. The more you deposit, the greater your potential earnings. Ensure that your chosen platform offers compounding interest to maximise your returns in the Portuguese market.

What to Consider in Portugal

Lending your cryptocurrency can carry certain risks