Whats the catch? Do I really earn an easy 8% interest if if just shove all my crypto on this?
what could backfire?
Why does no one on Zig Forums talk about sites that earn interest like CRO or Celcius
???
Crypto.com
Michael Morales
Carson Rogers
Catch is that if they were to go under, you might lose your money. That being said using reputable firms like Crypto.com, BlockFi, Nexo, etc. is quite safe imo. People are much more likely to lose their private keys.
These are great options for HODLers
Samuel Hernandez
8% p.a?
Easton Martin
i have about $350,000 in cold storage. Should i just transfer all of it to Crypto.com, Blockfi, and Nexo then?
Julian Bennett
Yeah, p.a., picture has full list of interest rates on crypto.com
Luke Taylor
Well I would.
Dominic Cooper
Made $10k on my link stack staked at 6% for three months
Faggots on here love to fud Crypto.com for some reason but I like them a lot the Visa card is cool
Considering doing another three month term but was looking into DeFi staking options as apparently risking my link on a centralised exchange makes me a fucking retard according to Zig Forums pussy fart financial
I haven’t found any that can match 6% on stinks yet though any suggestions
Charles Phillips
8% isn't much though, I could just buy an appartment and rent it for 8% or more
Eli Smith
>I haven’t found any that can match 6% on stinks yet though any suggestions
You haven't looked very hard then.
Deposit Link on AAVE, get aLINK.
Deposit aLINK on yearn earn 45% APY.
Nathan Evans
Ive heard about this but in the last thread it got torn down by spergs saying it’s too risky because the devs will cuck me somehow