blockchain.com EARN commission 7 % - page 2.

joniboini

legendary

Activity: 2170

Merit: 1789

Quote from: zigger33 on November 06, 2023, 03:26:22 AM

i wont a stable investment for my money 7 % APY is good for me as long as the exchange is thrustworthy ... banks in my country give 3,5 % on EUR

You should know by now that trustworthy means nothing in terms of crypto interest/saving plan. Things like FTX or Celcius bankruptcy should tell you how risky this market is, especially with such a "high" interest rate. There is a reason why banks usually give a low interest, they don't want to expose themselves to unnecessary risk. CMIIW.

If your goal is to grow your money, I'd just suggest you to DCA and collect sats regularly. It is arguably safer with a modest profitability, you are still in control of your money. Even if you failed to exit at the right time, chance are you'll still make a decent profit as long as you have some patience.

Cryptomultiplier

full member

Activity: 882

Merit: 207

I think Blockchain has more to gain other than the 7% commission promised. Blockchain is a host to many crypto currency and I see why they still hunger for morefunds when the Hedera Hatchgraph is a system that functions like it and maybe able to take over the functionality if Blockchain should they slack one bit.

Having such promised reward may not do much in campaigns for them as the price and exchange rates of most crypto currency especially BTC is yet to fall

Aanuoluwatofunmi

sr. member

Activity: 672

Merit: 416

stead.builders

Quote from: _act_ on November 05, 2023, 03:11:31 PM

Quote from: zigger33 on November 05, 2023, 02:28:34 PM

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

what do you think ?

Just do not go for it and totally avoid it. If you hold bitcoin instead of 7% USDT ROI, you will make more money in bitcoin. Be expecting bitcoin to get to all-time-high by next year or in 2025 and you will make multiple of the money. USDT is just a stable coin pegged with United States dollar.

Well said, lack of information is a great mistake that cannot be avoided, how will you insure your bitcoin with a centralized institution that promise to offer you what you can earn more than that in less than a year, they are the wiser ones here because they will use your own money invested with them to make business, trades and hodl in bitcoin as well, then offer you USDT of seven percent when they are realizing more than double of your investment, ignorance is a disease.

jaberwock

legendary

Activity: 2660

Merit: 1074

Quote from: terrific on November 05, 2023, 07:51:37 PM

Based on https://www.blockchain.com/en/earn Bitcoin is 8% for "active rewards" while for its "passive rewards" is 0.65% and then USDT and USDC is 7%.
The difference of active and passive reward is also indicated on that link. But I won't try to get on it, they will hold your asset and you get those rewards but you don't hold your private key.

You already wrote the difference of passive from active there but maybe more information can be found on that link or on what type of activity we will do in order for us to get qualified for the respective rewards. If I'm going to try this, I will only do the active one's. Why? It is obvious that it gives higher rewards and then I can move my assets including my capital out of the website immediately if I choose to. That way I can lessen the risk of whatever can happen to me or to the website.

Passive rewards on the other hand is much lower, yet maybe we are required to deposit a hefty amount. We all know how it works right? That's it, we need to idle our capital on them for a longer time. So the risk is also much bigger here.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

7% for a stablecoin might be really attractive because most banks provide much lower, but you should also take into consideration custody risk — you know, from hacks. But personally, it's an easy NO for me. I'd much rather hold bitcoin through self-custody, even if it's much riskier(volatility-wise).

https://chainsec.io/exchange-hacks

kingvirtus09

full member

Activity: 938

Merit: 108

OrangeFren.com

Quote from: zigger33 on November 05, 2023, 02:28:34 PM

Hello ,

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

what do you think ?

If I put Bitcoin not there on blockchain.com, if I invest my Bitcoin that I have, I would rather hold it in my hardware wallet or in an e-wallet, and at least in this case, I am sure that I will benefit from holding Bitcoin.

Although the APK offer percentage they give is good, Maybe there are other holders putting Bitcoin there in the blockchain.com apps; I just don't know when they started giving their 7% APY to Bitcoin holders. You know that on a non-decentralized platform like Bitcoin, that is quite dangerous.

Yamane_Keto

sr. member

Activity: 406

Merit: 443

Quote from: zigger33 on November 06, 2023, 03:26:22 AM

the EARN link is here : https://www.blockchain.com/en/earn

if you invest into bitcoin potencialy there are more risks then investing into USDT you have potencial that it goes down for USDT its a stablecoin... i wont a stable investment for my money 7 % APY is good for me as long as the exchange is thrustworthy ... banks in my country give 3,5 % on EUR

Blockchain.com has some issues with their wallet so don't expect a smooth and perfect experience where you deposit BTC/USDT and get your percentage without issues.
They take your money and invest it in high-risk investments. They make profits and give you your percentage of it. If they do not make profits, they will take other clients’ money or suddenly disappear with your money. Therefore, although they are a reliable company, anything is possible as long as NOT YOUR KEYS NOT YOUR COINS.

It is true that banks give you a lower percentage, but they guarantee you that percentage, and if you want to take a risk, invest in Bitcoin for a maximum of 24 months.

Woodie

hero member

Activity: 1834

Merit: 879

Rollbit.com ⚔️Crypto Futures

Being in the crypto industry for some time, whenever you see commission rates above 4-5% then automatically you know these rates are for Altcoins , but considering these rates are for a reputable coin and among the most sort afterq alts this is actually a good deal not to miss especially that these guys have an above average reputation.

If you have funds lying around or being kept in a bank not gaining interest this is not a bad idea to consider for some extra $$$ on autopilot.

zigger33

newbie

Activity: 37

Merit: 0

the EARN link is here : https://www.blockchain.com/en/earn

if you invest into bitcoin potencialy there are more risks then investing into USDT you have potencial that it goes down for USDT its a stablecoin... i wont a stable investment for my money 7 % APY is good for me as long as the exchange is thrustworthy ... banks in my country give 3,5 % on EUR

terrific

hero member

Activity: 2268

Merit: 507

Catalog Websites

Based on https://www.blockchain.com/en/earn Bitcoin is 8% for "active rewards" while for its "passive rewards" is 0.65% and then USDT and USDC is 7%.
The difference of active and passive reward is also indicated on that link. But I won't try to get on it, they will hold your asset and you get those rewards but you don't hold your private key.

Ben Barubal

member

Activity: 560

Merit: 17

Eloncoin.org - Mars, here we come!

Long-term investors will turn down this offer because the bank doesn't give an APY% like this. These are the varieties, and you have, I take it, added at least one bitcoin to their platform? Thus, in my opinion, these kinds of deals will only benefit whale investors and others like me who cannot afford to purchase a single bitcoin; they won't work for me.

Individuals who are not wealthy, like me, only invest in cryptocurrencies that have the potential to yield enormous returns on a little initial investment in the best cryptocurrencies available.

JeromeTash

legendary

Activity: 2324

Merit: 1258

Heisenberg

I have never found any benefit of earning 7% commission if I can just buy my Bitcoin, keep it in a cold wallet and wait for a price rise which we all know can be way more than 75
For example, anybody who bought Bitcoin at the beginning of this year is already upwards of a 100% increase in the value of their funds.

Blockchaion.com may have been in the game for years but earning only 7% is not worth the risk.

_act_

legendary

Activity: 1050

Merit: 1292

Lightning network is good with small amount of BTC

Quote from: Saint-loup on November 05, 2023, 03:36:28 PM

That's a very interesting news bro, thank you for sharing it here Cheesy

. But may I ask you how do you know that please? To go higher Bitcoin needs more buyers. So why people would wait 2024 or 2025 to buy it a higher price, rather than buying now at a lower one. People know how Bitcoin is volatile, so IMO they will stay more cautions than in the past and they won't buy it at a price near its previous ATH so I don't think BTC could print a new ATH in the coming years. We need more adoption for that.

I am not saying anyone should wait till 2024 or 2025 before they should buy bitcoin. zigger33 asked a question to hold 7% USDT good or not. I advised him not to go for it but to buy bitcoin which will give better return if he can wait and let the price to increase, that the return he will see from holding bitcoin will be far higher than the return he will see from the 7% USDT.

BabyBandit

member

Activity: 238

Merit: 68

The forum of keyboard warriors & crypto pro's!

You mean 7% APY like staking? I think staking is good if you choose the right asset for example Solana (SOL). I am positive Solana is a very good investment as BTC and I gladly Stake it so I "cant" use it.

I find this link on Google for people to read: https://www.blockchain.com/en/earn
I saw they added BTC to new ways to earn money.

- Regards BabyB. 👼

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: _act_ on November 05, 2023, 03:11:31 PM

Just do not go for it and totally avoid it. If you hold bitcoin instead of 7% USDT ROI, you will make more money in bitcoin. Be expecting bitcoin to get to all-time-high by next year or in 2025 and you will make multiple of the money. USDT is just a stable coin pegged with United States dollar.

That's a very interesting news bro, thank you for sharing it here Cheesy

. But may I ask you how do you know that please? To go higher Bitcoin needs more buyers. So why people would wait 2024 or 2025 to buy it a higher price, rather than buying now at a lower one. People know how Bitcoin is volatile, so IMO they will stay more cautions than in the past and they won't buy it at a price near its previous ATH so I don't think BTC could print a new ATH in the coming years. We need more adoption for that.

_act_

legendary

Activity: 1050

Merit: 1292

Lightning network is good with small amount of BTC

Quote from: zigger33 on November 05, 2023, 02:28:34 PM

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

what do you think ?

Just do not go for it and totally avoid it. If you hold bitcoin instead of 7% USDT ROI, you will make more money in bitcoin. Be expecting bitcoin to get to all-time-high by next year or in 2025 and you will make multiple of the money. USDT is just a stable coin pegged with United States dollar.

Saint-loup

legendary

Activity: 2604

Merit: 2353

Quote from: zigger33 on November 05, 2023, 02:28:34 PM

Hello ,

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

what do you think ?

I would like to know on which crypto they are offering this ROI yield but it's certainly not on Bitcoin or any other big cryptos. In addition Blockchain.com changes its APRs evry month, so maybe in one or two months, the ROI for this crypto will be lower than that. And if it's for stable coins like Stompix thinks it is, there are DeFi or GameFi investments more interesting than that (2x times higher at least).

stompix

legendary

Activity: 2912

Merit: 6403

Blackjack.fun

Quote from: zigger33 on November 05, 2023, 02:28:34 PM

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

First it UP TO 7% and that's for USDT, for BTC the rates are at 0.65%.

It's pretty simple, someone thinks the price of BTC will go up, he stores his Bitcoin on their service using it as collateral to get USDT and invests all that in more BTC, thinking the 7% interest he will pay is peanuts if BTC doubles in one year.
Theoretically, the scheme is bulletproof as long is everyone plays by the book and all funds have collateral.

If they start leading you on without this collateral, then it's Celsius allover!

zigger33

newbie

Activity: 37

Merit: 0

Hello ,

what do you guys think of blockchain.com they are offering on EARN 7 % commision , this company has been in the game since 2011 is guess that proves it thrustworthy company ?

what do you think ?

Topic: blockchain.com EARN commission 7 % - page 2. (Read 357 times)