I like to hold a portion of my crypto on platforms offering interest (although most of my crypto is safe in my own wallet).To reduce the risk I like to just keep a relatively small amount on each platform and spread it out over multiple platforms.So far I have been using BlockFi, Crypto.com and Celsius Network. The interest is better than any traditional bank account, but the risk is obviously way higher. Considering the referral bonuses for each of these I have already earned a nice amount of extra crypto even with small amount of deposited crypto over just a few months.I have also been looking at Nexo and CoinLoan, but I haven’t had time to do the proper research on them or deposit anything. For me the security and reputation is more important than the actual interest rate.I would love to hear about some of your favorite platforms for interest on Crypto and Stablecoins. Is there any major player I have missed?
Submitted June 08, 2020 at 06:11AM
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