Crypto lending is taking off. Regulators may not be able to slow it down.
Fortune. “Bitcoin Has No Uses. That Could Be Its Downfall.” Crypto interest rates The premise of DeFi is simple: Fix the longstanding inefficiency in crypto finance of capital being kept idle at a nonzero opportunity cost. Now, most investors buy crypto with the hope that the value of the currency itself will rise, as Bitcoin has. In general, that strategy has worked just fine. The value of cryptocurrencies has appreciated so rapidly that there just wasn’t much incentive to worry about gains of a few percent here and there.Earn interest on your crypto
Hodlnaut offers fixed term deposits to crypto hodlers looking to earn industry-leading interest rates and maximize the productivity of their idle assets. Choose your desired deposit term from 28 to 180 days and get your earned interest upon maturity. Own NAB shares? Now you also own crypto AQRU offers quick and easy funding so you can start earning interest on your Bitcoin as soon as possible. Depending on your bank’s location, we often complete fiat transfers in as little as an hour and Cryptocurrency transfers can be as quick as 20 minutes. Some deposits can take up to 24 hours.Wirex and Fireblocks Partner to Launch High-Interest Crypto Savings Accounts
Only $37 million went into crypto startups this week What is a Crypto Savings Account? Mr. Butkus doesn’t know when — or if — he will see his money again. He is one of millions of individual investors around the world who poured money into digital assets, believing the cryptocurrency industry was a stable financial system. They were cleareyed about the volatility and big price swings of Bitcoin and other cryptocurrencies. But what has come as a big surprise to many is that the firms where they deposited their money lacked the basic protections offered by a brokerage or a bank.Earning interest on crypto
The advantages of a traditional savings account are its liquidity and downside protection. The principal in a savings account will remain intact, and account owners can access them any time they want. Subscribe to our newsletter Whether you're saving for a rainy day or looking forward to retirement, Bitcoin is a great way to diversify your traditional investments in the 21st century.
