Lend Bitcoin for Profit or Take Loans for Collateral
It took me and my crew a lot of time and checks but finally, we have released a list of places where you can loan cryptocurrency for passive income or if you need to get some FIAT for stuff do it with not selling bitcoin.
Be aware almost all of those platforms need KYC and AML since this is a kind of investment or if you take a loan you may default etc. Yet all the systems work, i make passive cash from them and many of the links will give you bonuses.
For example if you download Celsius Wallet on phone and while registering put 1264701e39 code, then after deposit you will get 10 USD of BTC free. A lot more of those deals in the article.
Check here how to loan or take loans with bitcoin and cryptocurrency - CLICK NOW
Why i don't put it here directly? Because some jealus people read the posts, use the methods then downvote so others will not be able to see, use and profit.
Of course, remember you risk 100% capital so you can profit or lose but those on the list look secure as its most big firms with big backups. And remember they work both ways, you can also take loans!
The list is superb updated, just added CoinEX Exchange with over 10% APR on USDT. No bank gives that.
Is there risks? Yes. But this are huge companies. Same risk is in banks or companies you invest into. I had tried all - so far, so good.
Always do your research though!
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Nice list man. There’s also Crypto.com. Up to 12% on USDT and other stablecoins, and 8% on BNB, MCO and LINK.
oh 12% is pretty high! will check it
So many reasons that I am very skeptical of this concept. First off, the obvious fact that if you truly believe in Bitcoin like most Bitcoin fans and myself, we also believe we can make profit off of just hodling. When Bitcoins price goes up 10 fold, does the amount you loaned also go up 10 fold? Probably not. Are these Bitcoin banks insured by the FDIC? Probably not, no way the FDIC is insuring Bitcoin. Once these "Bitcoin Banks" have massive amounts of Bitcoin in there hand they will be huge targets and will get hacked eventually, guaranteed. History has shown many examples of such already. Not to mention do we really trust banks? No way, thats what led me to Bitcoin in the first place, so I can be my own bank. Do I want banks gambling with my Bitcoin? Nope, I remember the housing crisis, doesn't everyone else? You think the government will bail out "Bitcoin Banks"? Of course not. Say theres a fork, think you are going to be able to claim split coins? Nope, because the Bitcoin isn't in your account. Want to get your Bitcoin back early? Too bad, unless you want to pay the fee for pulling out early, fees that can easily be more than the interest earned on your loaned Bitcoin.
I like using Compound for Dai. You get to earn interest on your crypto while still holding the keys! I'm using it through the Argent wallet.
It however isn't decentralized at all. "Noncustodial" to an extent. The main advantage is the fact you can verify actions more since it onchain(reduces financial privacy though).
But I will digress and say Compouns is pretty cool.
I excited for some LN alts that are being made like debnk and tradelayer...
So you post some Ref links and then boost your posts?
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i dont boost anything, notice i have over 3 years here and over 30 000 followers, i dont need to bust. and without the link or coupon u will not get a bonus, i doubt anyone wants to overpay
Okay. You made friends with Bernie the Bullie for this high payout friend.
Sorry that Im not appreciating the coupons, but Idc.
Ive also not done the KYC on Coinbase for the 120$ - wont do anything similar.
You guys sold your privacy straight at the beginning for some extra shitcoins.
Will be harder to get that back, especially as soon as the war against crypto begins.
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