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Introduction

Lending First Digital USD is an excellent choice for those looking to hold FDUSD while earning yield. The process may seem intimidating, especially for first-timers. That's why we've created this guide to help you navigate it.

Comprehensive Guide

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

   To lend First Digital USD, you must first possess it. To acquire First Digital USD, you will need to buy it. You can select from these well-known exchanges.

   Platform	Coin	Cost
   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

   Once you have FDUSD, you'll need to select a First Digital USD lending platform to lend your tokens. You can find some options here.

   Platform	Coin	Interest rate
   Aave	First Digital USD (FDUSD)	Earn up to 2.86% APY
   BTSE	First Digital USD (FDUSD)	Earn up to 7% APY

   View all 5 loan rates

3. 3. Earn First Digital USD

   After selecting a platform to earn your First Digital USD, transfer your First Digital USD to your wallet on that platform. Once deposited, it will begin accruing interest. Some platforms offer daily interest payments, while others may pay weekly or monthly.

4. 4. Accumulate Interest

   Now all you need to do is relax while your crypto generates interest. The more you deposit, the more interest you can earn. Ensure that your earning platform offers compounding interest to maximize your returns.

Key Considerations

Lending your cryptocurrency can involve risks. Ensure you conduct thorough research before making any deposits. Only lend what you can afford to lose. Review their lending practices, customer feedback, and the security measures they have in place for your assets.