Introduction
Lending Worldwide USD can be a great option for those who want to hold WUSD 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.
Step-by-Step Guide
1. Obtain Worldwide USD (WUSD) Tokens
In order to lend Worldwide USD, you need to have it. To obtain Worldwide USD, you'll need to purchase it. You can choose from these popular exchanges.
Platform Coin Price Probit Worldwide USD (WUSD) 1 2. Choose a Worldwide USD Lender
Once you have WUSD, you'll need to choose a Worldwide USD lending platform to lend your tokens. You can see some options here.
Platform Coin Interest rate BTSE Worldwide USD (WUSD) Up to 6% APY 3. Lend Your Worldwide USD
Once you've chosen a platform to lending your Worldwide USD, transfer your Worldwide 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.
4. Earn Interest
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.
What to be Aware of
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.
Latest Movements
Worldwide USD (WUSD) is currently priced at $6 with a 24-hour trading volume of $3.14M. For those looking to buy or trade Worldwide USD, BTSE offers avenues to do so securely and efficiently}
- 24h volume
- $3.14M