Minimal amounts and interestrates for Crypto.com lending
For my own record keeping I wrote down all coins you are able to lend out at the moment at Crypto.com.
Next to the ticker you can find the minimum amount required.
Please be aware that those numbers are for those who stake 500 MCO. Without stake they will be a bit smaller (afaik 2%).
On your staked MCO you will receive 6% interest and your coins will be locked for 180 days and you will get the better rates. If this is worth it depends how much you lend out and how much you use the creditcard as you also receive better cashback.
If you are interested and did not sign up to crypto.com please consider using my ref link down below.
Crypto.com offers several different credit cards. The cheapest is free but still provides 1% cashback while others require you to stake at least 50 MCO tokens. While you stake you have some perks like better cashback, free spotify and Netflix and as mentioned better rates if you want to lend out crypto.
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In case somebody is interested:
At Bondora.com you can stake good old Euros for 6,75% and your fiat coins are NOT AT ALL locked, you can withdraw them anytime (I tried it out, it works). And no hassle with conversion of crypto, etc. I think this is not a bad deal given the low risk compared to some of the coins mentioned in your list.
up to 6.75%.
I have a bit invested into Bondora but it was more a meh experience for me as many loans defaulted the bot chose for me.
So you dont like crypto I assume?
The 6,75% are on a per year base and of course, if you withdraw after one month, you will get a 1/12 of it. This is the fixed model, with the micro-loans the ROI is much higher (but also the risk).
Not at all, I have a lot. I am just skeptic about the overall return (in case you don´t have exactly those cryptos and you would buy them just for the staking profits).
it is not fixed. it is up to 6.75% if they do better they keep the rest if they do worse they will not pay more.
I would not buy crypto to lend out, crypto to stake...different story and coins like Tezos are doing pretty well and I could see this as a new trend
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