Where and How to Lend USDD (USDD)

Introduction

Lending USDD can be a great option for those who want to hold USDD but earn yield. The steps can be a bit daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-step guide

1. 1. Obtain USDD (USDD) Tokens

   To lend USDD, you need to have it. To get USDD, you’ll need to buy it. You can pick from these popular exchanges.

   Platform	Coin	Price
   Kraken	USDD (USDD)	1
   BTSE	USDD (USDD)	1
   Kucoin	USDD (USDD)	1
   Bitmart	USDD (USDD)	1.01
   Gate.io	USDD (USDD)	1
   LBank	USDD (USDD)	0.97

   See all 20 prices

2. 2. Choose a USDD Lender

   Once you have USDD, you’ll need to choose a USDD lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   Kucoin	USDD (USDD)	Up to 20 APY
   BTSE	USDD (USDD)	Up to 0.49 APY

   See all 6 lending rates

3. 3. Lend Your USDD

   Once you’ve chosen a platform to lend your USDD, transfer your USDD into your wallet in the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others pay weekly, or monthly.

4. 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 compound 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.