What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from? Will the platform use my assets for specific investments? These points are very important in my opinion, otherwise coinhold is no different from cloud mining investments. Or it can be used as an alternative wallet, but its centralized features make it not the best option.
My opinion is no different from the opinions of the rest of the forum. This is a huge risk and no investment in the world can generate fixed returns forever. The coinhold team wants to establish a concept that we would like the crypto community to abandon, which is to appreciate the risk of using centralized platforms for long-term cold storage.
Topic: Coinhold by EMCD: a Better Way of Saving and Earning Crypto (Read 71 times)
Like mentioned above, i'm a survivor of Celsius/FTX cancer.
I'm not going to risk my BTC with any other new and promising wallets. History has proven that they're more of a ponzi than anything else, relying on new income to pay out the older ones. No thanks
I'm not going to risk my BTC with any other new and promising wallets. History has proven that they're more of a ponzi than anything else, relying on new income to pay out the older ones. No thanks
If you’re looking to minimise risk and earn passive income on your crypto holdings I recommend Coinhold by EMCD.
You can lose your bitcoin within seconds if you lose your Bitcoin private key. When it's no longer your Bitcoin private key only owns by you, it has very high risk that it's no longer your bitcoin.Quote
Coinhold works similarly to a crypto savings account, offering predictable returns on digital assets. Here’s how it works:
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.
And here, in this offer, if you want to earn passive income, you will have to deposit your bitcoin and other cryptocurrencies, for 30 to 360 days. The minimum locked days, 30 days, is a very long period, long enough to lose your bitcoin.
So, except how much passive income I can get, good or great, I would like to say no to this offer.
Reminder: do not keep your money in online accounts.
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1. I know the risk in using a centralized exchange, then why should i go for another version of a centralized institute to handle my money for long.
2. If am experienced enough in cryptocurrency, then all these is what i see that can be done by myself, even in such a way that i may not have access to spending form it, than using a centralized platform for that.
3. Am very sure the interest they are going to give will never be equal or up to what i stand to gain within the same period if i know how to do it by myself.
4. Lets keep learning till we become more independent, this is our first security and were it lies in cryptocurrency.
Have we learned nothing from the Celcius/Luna/FTX debacle? If you lend your bitcoins, you may never get them back.
If you’re looking to minimise risk and earn passive income on your crypto holdings I recommend Coinhold by EMCD.
It allows users to earn passive income from their BTC, Ethereum and stable coins holding through a fixed or flexible saving plan with an interest rate of 14% APY on stable coins and 8% on Bitcoin and Ethereum.
They’re not the only crypto savings wallets but sure have the highest interest rates, even above binance with a 10% APY on stable coins.
It is best suited for long term bitcoin and Ethereum holders, Risk-conscious investors who prefer steady, predictable returns over speculative strategies, miners wanting to boost profits and cut costs and stable coin investors looking for high profits and low risk.
How it Works
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Coinhold works similarly to a crypto savings account, offering predictable returns on digital assets. Here’s how it works:
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.
* Deposit crypto: BTC, ETH, LTC, BCH, USDT, and USDC are supported.
* Earn daily interest: Interest accrues and compounds over time.
* Withdraw anytime: Flexible plans allow for instant access, while fixed plans offer higher returns for longer commitments.
Fixed vs. Flexible Coinhold Wallets
Coinhold offers two types of savings plans:
* Fixed Coinhold: Best suited for long-term investors. A 360-day fixed-term deposit in stablecoins can earn up to 14% APY, while Bitcoin and Ethereum deposits can generate 8% annually.
* Flexible Coinhold: A solution for those who need liquidity while still earning a competitive yield. Users can earn up to 10% APY on stablecoins and 6-7% on BTC and ETH, with the option to withdraw at any time.
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.
* Deposit crypto: BTC, ETH, LTC, BCH, USDT, and USDC are supported.
* Earn daily interest: Interest accrues and compounds over time.
* Withdraw anytime: Flexible plans allow for instant access, while fixed plans offer higher returns for longer commitments.
Fixed vs. Flexible Coinhold Wallets
Coinhold offers two types of savings plans:
* Fixed Coinhold: Best suited for long-term investors. A 360-day fixed-term deposit in stablecoins can earn up to 14% APY, while Bitcoin and Ethereum deposits can generate 8% annually.
* Flexible Coinhold: A solution for those who need liquidity while still earning a competitive yield. Users can earn up to 10% APY on stablecoins and 6-7% on BTC and ETH, with the option to withdraw at any time.
Coinhold is a huge plus to the crypto space by helping miners and investors maximise profits through automated earnings and minimising risks.
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Coinhold’s growth reflects this demand. The number of active users has increased by 85%, while deposits have grown by 93%. Most users opt to accumulate BTC and USDT, drawn to Coinhold’s market-leading 14% stablecoin yield. This surge indicates a clear shift toward stable, high-yield crypto savings solutions in an unpredictable market.
Coinhold is a centralised wallet and just like any other centralised wallets comes with its own risks despite the benefits it brings. So Before investing or deciding to use coinhold, you also have to look at the downside of it and consider if it matches with your financial goals and tolerance.
Source: https://news.bitcoin.com/coinhold-by-emcd-a-smarter-way-to-earn-passive-crypto-income/
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