I have heard that a few platforms are giving out stable returns(3 to 12)% on investments, depending on daily/monthly/yearly investments. Does anyone know any such platforms? And would you advise to invest into those? It would be great if someone can share a website that compares or lists such platforms. Thanks.
Yes, there's a couple of platforms that offer such opportunities but I don't know of any website that compares / lists all of them so I'll give some details about them.
1. Binance Savings: Binance has a product called Binance Savings that allows users to "lock up" their funds and earn some interest for keeping them locked. The rate ranges from 1% to as high as 21%. You can participate using tokens or using stable coins like USDT, BUSD, USDC etc. Personally, I haven't tried it out but people who has said it's good plus it's a solid exchange like binance – you have to consider the risks too.
Website:
https://www.binance.com/en/lending#lending-pos2. Crypto.com Earn : This is similar to Binance Savings platform. They offer saving plans for tokens as well as stable coins, interest rate is around 8% to 12%.
Website:
https://crypto.com/en/earn.html3. Nexo: This is yet another platform offering similar products. Interest rate is around 10% or so. They launched sometime in 2017 and has been around since then.
Website:
https://nexo.io/
Before investing in any of these products, be sure to do some research, if possible, ask someone who has participated in them for their experience.