Topic: Earning Interest with Bitcoin? - page 4. (Read 1487 times)
Yes its really happening. Having interest in every investment is what we goal to have. To make profit, to have interest will encourage us to invest more and earn more bitcoin. We cannot just lend it to someone or a certain platform without something to have. Even those exhanges we use for conversion has certain amount of charges. Its also there way to earn.
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Yobit Invest Box: 0.1% daily for DOGE
I don't find the Invest box for DOGE on Yobit. The investbox is still running or not? Yobit Invest Box: 0.1% daily for DOGE
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
I heard binance is doing something similar like that but it was like 10%?
Indeed, Binance is allowing users to lend their bitcoin and receive interest.
Not only Binance is doing such business of allowing users to lend their bitcoins for interest.
There are few others as well such as: Xcoins.io you can get up to 15% interest and nexo.io
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
I heard binance is doing something similar like that but it was like 10%?
Actualy there are a lot of exchanger who did this before but some orher exchanger is already dead. The only old exchanger i know that still doing this is POLONIEX. You can just put your btc in the exchanger then wait for your profit later.
There had been services like this and you can check this site https://cryptomaniaks.com/best-bitcoin-lending-sites but it seems Binance have bigger interest since Nexo gives 8% interest, Blockfi gives 6.2% interest on BTC and 3.3% interest on ETH and Celsius Network gives 8%.
Very useful information. We can compare that each exchange or website offers a different percentage. One important point that we must understand is to choose a trusted place to avoid the risk of loss. By choosing a trusted exchange or website, with a variety of positive feedback then it can provide a little guarantee that you can earn money from it. See? cryptocurrency turns out to be closer to real life, we just need to explore more deeply, choosing the most appropriate and comfortable way with each ability. 
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
I heard binance is doing something similar like that but it was like 10%?
Actualy there are a lot of exchanger who did this before but some orher exchanger is already dead. The only old exchanger i know that still doing this is POLONIEX. You can just put your btc in the exchanger then wait for your profit later.
For those who don't have enough time to do trading, even day trading, then staking or holding is good idea, but be reminded that exchange can be hacked, so it is not advisable to retain your funds in an exchange, but if you are confident with that exchange and you know that they are safe and secure, then go on so that you can earn even a little.
that true binace exchanges now give us a little interest rate they calculate interest every hour and also many other exchanges that now give us interest but other exchanges are not as brave as binace exchanges, by holding such programs the possibility of their exchanges will be more widely used by investing cryptocurrency users for the long term.
Well there are good sites doing it but I personally don't think one could ever trust a site like this for their bitcoins and all because come on if you are at a place where you are thinking of earning interest from bitcoins then it's a pretty big sum therefore you should be cautious of it , who know when they take your money and shut down the site ?
You need to be very careful with your coins and I don't this this could work ..
You need to be very careful with your coins and I don't this this could work ..
freebitco.in use to give 4.08% of annual interest on the BTC. I think it's the only website which is running the faucet. The site used to be the genuine on. But I don't know the current situation. If you wish to invest in this kind of service on any website then be careful and you should invest for fun purposes only.
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
You can check on Binance exchange market on the top line, there are have several kind of staking or lending your altcoin where earn about 3% until 14% every month, I have check there are have several altcoin kinds can you lending for one month, you can buy BTT, XLM, QTUM and many altcoin for earn profit every month, just hold your altcon above and wait for each month your lending coin distribution to your account.I heard binance is doing something similar like that but it was like 10%?
I regularly trade on binance, which makes me a profit of 3-5% per day from the initial capital of 2k5 dollars. You should try this method. Besides, stay away from margin, I lost a lot of money because of it. Great risks and profits.
Honestly, you are earning? How many times did you spend in order to learn about binance and started earning?
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
You can check on Binance exchange market on the top line, there are have several kind of staking or lending your altcoin where earn about 3% until 14% every month, I have check there are have several altcoin kinds can you lending for one month, you can buy BTT, XLM, QTUM and many altcoin for earn profit every month, just hold your altcon above and wait for each month your lending coin distribution to your account. I heard binance is doing something similar like that but it was like 10%?
Definitely. I am now earning interest on:
Binance Lending: 3% annual on BTC, 6% annual on BNB
Bitfinex Funding: BTC, BCH, XRP, LTC, ETH interest rate are bid and offer, varies from time to time and can be as high as 0.25% daily on XRP present.
Gate.io Lending: Bid and Offer, now earning 0.02% daily for BNB and BTT
Yobit Invest Box: 0.1% daily for DOGE
etc
Is the interest calculated based on USD price or in the crypto coins deposited? If it's based on the coins then I find this deal profitable because no matter what the market is, we are guaranteed to get more crypto coins in the last.Binance Lending: 3% annual on BTC, 6% annual on BNB
Bitfinex Funding: BTC, BCH, XRP, LTC, ETH interest rate are bid and offer, varies from time to time and can be as high as 0.25% daily on XRP present.
Gate.io Lending: Bid and Offer, now earning 0.02% daily for BNB and BTT
Yobit Invest Box: 0.1% daily for DOGE
etc
If the interest and everything is in USD then if the market growth of the coin is much greater than the interest, say 20%, then at the end of withdrawing we would be left with lesser profits compared to if we had justed kept the coins in our own wallet.
Definitely. I am now earning interest on:
Binance Lending: 3% annual on BTC, 6% annual on BNB
Bitfinex Funding: BTC, BCH, XRP, LTC, ETH interest rate are bid and offer, varies from time to time and can be as high as 0.25% daily on XRP present.
Gate.io Lending: Bid and Offer, now earning 0.02% daily for BNB and BTT
Yobit Invest Box: 0.1% daily for DOGE
etc
Binance Lending: 3% annual on BTC, 6% annual on BNB
Bitfinex Funding: BTC, BCH, XRP, LTC, ETH interest rate are bid and offer, varies from time to time and can be as high as 0.25% daily on XRP present.
Gate.io Lending: Bid and Offer, now earning 0.02% daily for BNB and BTT
Yobit Invest Box: 0.1% daily for DOGE
etc
This is very possible, but I don't know how sustainable it will be in the long run without any insurance or protection policy so the borrower don't go insolvent or when they encounter a tough situation.
Yes, there are many companies. But we can't trust anyone as there might be risk of fraud. What if companies closed and don't return your money. Just for the sake of the small amount of money, you can lose your whole money. I think don't take any risk in such of kind of activities and be happy with what you have.
Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
I heard binance is doing something similar like that but it was like 10%?
Instead of depositing your BTC with some financial institution and earning interest, I would suggest you to lend your Bitcoin to trusted members out in this forum, you will get a higher rate of interest. I have seen man fellow members in this forum who are read to take BTC loan for some time and are willing to pay it with interest and that interest rate is definitely higher than any bank is offering at the moment, but before lending BTC C to any person on internet, it is important to fetch history of his financial record.
It is possible with a few different companies, but you run the risk of them going out of business or outright not allowing you to withdraw. Remember, not your keys, not your coins.
This is the problem with bitcoin lending as the risk is really high if they are out of business but i would like to see the statistics from the site about how many coins are deposited to earn interest and i am sure it will be a crazy amount of coins and hence more exchanges are coming up with the lending option.People will not learn even if they get a thousand examples from this market and that is how things are, people consider themselves so intelligent that they will not make any error and when they lost the coins they coming crying.
Just to confirm. If you lend binance 1 btc... as long as you extend it every 2 weeks, you are guaranteed 1.03 btc at the end of 1 year? Or not because its not like a bank and not insured?
That sounds pretty crazy. If someone has like 10 btc, they are gettin back 10.30 btc a year just for letting binance hold it? Wouldn't that mean ppl who have a good amount probably should do that as oppose to keep it in their wallets? Or there is still lot of risk in this?
It has been a pretty general notion with the crypto community to hold all our coins under full control without the involvement of thrid party.That sounds pretty crazy. If someone has like 10 btc, they are gettin back 10.30 btc a year just for letting binance hold it? Wouldn't that mean ppl who have a good amount probably should do that as oppose to keep it in their wallets? Or there is still lot of risk in this?
So, storing such high amounts on any exchange is a complete no. Numerous exchanges have been hacked in the past.
You must invest only that amount that you can afford to lose. And putting such high amounts of bitcoins, possibly entire earnings is not the right decision.
Yes,it’s possible. Many exchanger have this features but it is really risky.already my friend faced this kind of horror situation. If you want to earn in this way then do it on your own risk.
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