Als Bitcoin of crypto fanaat HODL je vaak je assets op in bijvoorbeeld cold storage. Tegenwoordig wordt het echter steeds populairder om via verschillende platformen je crypto voor je te laten werken door rente te ontvangen. Op deze manier kan je zelfs geld verdienen aan Stablecoins of Bitcoin wat toch stil staat. Vaak gaat het hier om rendementen van 4% tot maar liefst 8,5% (jaarlijks). Dan heb je nog DeFi met Yield farming waar het nog veel hoger oploopt.
The last few weeks I have been looking around to see what the most interesting parties are for receiving interest. Then I am not talking about Yield Farming, but simply putting money away for interest. Here are some possibilities:
Table of contents
BlockFi
BlockFi currently has the most interesting deal (until tomorrow evening, Sept. 25). They offer 6% interest on Bitcoin, 7% interest on USDT up to 8.5% on some other coins (annually). In addition, you get the following bonuses if you put money down by tomorrow evening until December 15. Say you put down $1000 in USDT then you will get about $6 per month interest on that and an additional $50 on December 15. That makes a total of almost $1,070. If you use my BlockFi link to sign up you get another $10 bonus on top of that! Earning almost $80 in 3 months that's not bad!
Binance
Binance is now a platform that offers everything! From exchange, debit card (not physical yet) to savings. At Binance it is also possible under the heading 'finance' to deposit a large number of cryptocurrencies at interest. This can be done flexibly that it can be taken out at any time and for periods locked so that it is temporarily fixed. For example, if you use USDT or BUSD you have no risk of volatility, but you receive interest. With BNB, a lot is also possible on the platform, as this is of course Binance's own token. Through my Binance link you get a discount on trading fees.
Bitwala
With this German party, you get your own IBAN number, a free debit card and the ability to put away Bitcoin at 4.51% interest. This party's app is very user-friendly and the debit card works well everywhere. You can just use the card to buy groceries. So in fact, you can speculate with grocery money that normally sits idle in your account. You deposit euros to your Bitwala IBAN and convert them into Bitcoin which you keep at 4.51% interest until you want to use them. Or you put Bitcoin directly into your account and keep it at 4.51% until you want to use it. Through my Bitwala link you get another 15 euro deposit when you create an account. Complete all the steps and open a Bitcoin wallet then you get 15 euros deposited in euros.
Conclusion
These are 3 parties all with their own benefits that I have now had the opportunity to test myself. BlockFi you get the most interest with this deal, Binance has the most features and Bitwala has the best physical card that allows you to easily pay anywhere. I'll continue my research to see what other parties I come across that are interesting and then I'll add to that article again! Note: 'not your keys not your coins' so what you put somewhere you do depend partly on an exchange. I have had a good look at the risk warnings and which parties are behind it and to my opinion you have about the same risk with a Dutch bank.