Do You Earn Interest on Your Assets

[Kane]

There are a lot of exchanges, wallets, and lending platforms where you can earn interest on your assets. Do you use any platforms to earn interest on your assets? I have used nexo.io to earn interests on my LTC and BCH but these days I am, not using any platforms to earn interest. I only stake my assets.

 

[Bisolami]

There are a lot of exchanges, wallets, and lending platforms where you can earn interest on your assets. Do you use any platforms to earn interest on your assets? I have used nexo.io to earn interests on my LTC and BCH but these days I am, not using any platforms to earn interest. I only stake my assets.

I only earn interest on the cryptocurrencies that I stake. That is my only way of earning interest.

 

[Salt]

I think this option is available on Binance but I am yet to experience any such thing but it's interesting and the interest rate is more than what banks offer

 

[Kane]

Not just on Binance, a lot of crypto exchanges and wallets allow you to earn interest on your assets. It can be risky though considering the things like the collapse of Celsius Network.

 

[Salt]

Not just on Binance, a lot of crypto exchanges and wallets allow you to earn interest on your assets. It can be risky though considering the things like the collapse of Celsius Network.

That's right, we cannot trust them like there is no assurance of getting our crypto back so we really need to be careful about it

 

[Bisolami]

I think this option is available on Binance but I am yet to experience any such thing but it's interesting and the interest rate is more than what banks offer

The interest rate is surely going to be more than what the bank offers and that is why a lot of people do not like to invest their money in the bank