How to Stake USDD (USDD) in Vietnam

Introduction

Staking USDD is an excellent choice for those looking to hold USDD while earning yield securely and supporting the network. The process may seem overwhelming, especially for first-timers. That's why we've created this guide to help you through it.

Comprehensive Guide

1. 1. Acquire USDD (USDD) Tokens

   To stake USDD, you first need to acquire it. You can purchase USDD from various popular exchanges.

   Platform	Coin	Cost
   BTSE	USDD (USDD)	1
   Kraken	USDD (USDD)	1
   BingX	USDD (USDD)	1
   Bitmart	USDD (USDD)	0.96
   FMFW.io	USDD (USDD)	1.24
   Gate.io	USDD (USDD)	1

   View all 22 prices

2. 2. Select a USDD Wallet

   Once you have USDD, you'll need to select a USDD wallet to keep your tokens safe. Here are some great options.

   Platform	Coin	Staking benefits
   FMFW.io	USDD (USDD)	Earn up to 8% APY

3. 3. Delegate Your USDD

   We suggest using a staking pool for staking USDD. It's easier and quicker to start. A staking pool consists of validators who pool their USDD, increasing their chances of validating transactions and earning rewards. You can access this via your wallet's interface.

4. 4. Begin Validation

   You will need to wait for your deposit to be confirmed by your wallet. Once confirmed, you will automatically validate transactions on the USDD network. You will be rewarded with USDD for these validations.

Key Considerations

Consider the transaction and staking pool fees. Additionally, there may be a waiting period before you begin earning rewards. The staking pool must generate blocks, which can take some time.