Earn up to
39.54% APY
An in-depth guide on how to lend First Digital USD (FDUSD)
We have a lot of data on lending First Digital USD (FDUSD) and we share some of this with you.
We show you some lending options with other coins that could be of interest.
First Digital USD (FDUSD) is currently priced at $2.86 with a 24-hour trading volume of $6.67B. The market cap of First Digital USD stands at $1.79B, with 1.79B FDUSD in circulation. For those looking to buy or trade First Digital USD, Aave offers avenues to do so securely and efficiently}
Lending First Digital USD can be a great option for those who want to hold FDUSD but earn yield. The steps can be a little daunting, especially the first time you do them. That's why we've put this guide together for you.
In order to lend First Digital USD, you need to have it. To obtain First Digital USD, you'll need to purchase it. You can choose from these popular exchanges.
Once you have FDUSD, you'll need to choose a First Digital USD lending platform to lend your tokens. You can see some options here.
| Platform | Coin | Interest rate |
|---|---|---|
| Aave | First Digital USD (FDUSD) | Up to 2.86% APY |
| BTSE | First Digital USD (FDUSD) | Up to 7% APY |
Once you've chosen a platform to lending your First Digital USD, transfer your First Digital USD into your wallet in the lending platform. Once it's deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.
Now all you need to do is sit back while your crypto earns interest. The more you deposit, the more interest you can earn. Try to make sure your lending platform pays compounding interest to maximise your returns.
Lending your crypto can be risky. Make sure you do your research before depositing your crypto. Don't lend more than you're willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.
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