How to get interest on my bitcoin without KYC?

SquallLeonhart

legendary

Activity: 2464

Merit: 1102

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

You are looking for what is not missing because it is impossible for you to have a risk free investment or business, there is no business that does not have risk, it is just best you know how to manage it, but the one of gambling is what I cannot really guarantee you because gambling entirely is risky and it is a game of luck, and if you want to do your lending business in a gambling industry, then you should really be best prepared to face all manner of risk into it.

I am quite confused about the amount you wishes to start the lending business with, is it that $100 you cashed out, because that is quite too small and even if you wait for bitcoin to grow to $10k euro, the increase you get on that $100 would still not be much, so better you just learn to trade with it.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

If you want interest from your capital then its possible only through lending but it comes with risk,if you don't want then investing on the gambling sites can be somewhat near to your search but we cannot say its interest money,its the profits money from the total bankroll and also it has the risk of losing but its highly less to be happen.

You may get lot of offers that if you invest $100 the it will give $1000 in a week and something like this which are totally scam so you have been warned.

NikS13

sr. member

Activity: 383

Merit: 250

Quote from: Ararbermas on August 27, 2019, 08:52:09 PM

On the first place why you put your money on that kind of exchange if you don't like to have an KYC? Well that's the big question here.. And indeed you have no choice.. So next time before putting money on any exchage make it sure first if all what you want are there to avoid problems especially when it comes withdrawal.

I cant do kyc because im 17

Herbert2020

legendary

Activity: 1946

Merit: 1137

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

then spend your entire balance because as long as you have money you are taking risks even if you don't even touch it! and specific to you, is that when you have no experience in different matters such as trading (since it is posted in this board) then you would be taking higher risks than others.

but if you accept those risks then you could start making profit.
my suggestion is trading, (stay away from lending or any kind of gambling, they are super risky with low reward). for that you have to spend at least 6 months learning how the market works and how trading works in general. then start making profit. if you can do that then begin otherwise don't bother. jumping in and expecting profit will result in a total loss.

romero121

legendary

Activity: 3234

Merit: 1214

Vave.com - Crypto Casino

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

To get interest out of the bitcoin is possible only through lending, investing, trading, and gambling. When you go through all these possibilities to increase the bitcoin you need to take risk. This way without risking it is completely an impossible thing to make your bitcoin grow or get interest out of it.

Earlier poloniex has the access to lend, that is quite risk free and trusted platform in my view. Now I'm not sure whether poloniex provides the service by now.

avikz

legendary

Activity: 3080

Merit: 1500

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

Lending cryptocurrency is a bad idea. Earlier there were few websites which used to offer p2p lending services to the mass but they all closed their business after understanding the world is full of scammers and lending cryptos to the mass is a bad business model. But if you still want to lend your bitcoins, you can lend against collateral. Please check the below link,

https://bitcointalk.org/index.php?board=65.0

It is a sub-forum of bitcointalk where people lend money to others. But before you do that, read about the risks and never lend without collateral.

Secondly, you can invest in casino bankrolls to get a percentage of their profit against your invested bitcoins. There are few casinos accept such deposits but I don't want to point out a few of them in case anything goes wrong. So do some research before you get started!

joniboini

legendary

Activity: 2170

Merit: 1789

An alternative is to run a lending service in this forum. Run your lending service but only accept lenders with collateral. Make sure you only take assets that are liquid so in case they ran away, you can sell it asap. Don't ever believe in lending without collateral. You don't need KYC to do that, and you're free to do it anytime.

Another option to get interest is to buy dPoS coins and stake your coins to get interest if you're okay with alts of course.

Polar91

hero member

Activity: 1120

Merit: 553

Filipino Translator 🇵🇭

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

If you don't want to risk your money in possible of either getting scammed or loss, then you should not do anything about it; keep it by yourseld instead. There is no investment or even lending program here in crypto wherein there is no possibility of loss. On the other hand, you may put your money in time deposit (via banks) which gives interest like 1% anually (ideally). In this way, there is guarantee no risk for your asset.

Ararbermas

sr. member

Activity: 2016

Merit: 283

On the first place why you put your money on that kind of exchange if you don't like to have an KYC? Well that's the big question here.. And indeed you have no choice.. So next time before putting money on any exchage make it sure first if all what you want are there to avoid problems especially when it comes withdrawal.

glendall

legendary

Activity: 2156

Merit: 1018

Buzz App - Spin wheel, farm rewards

You only need to send your BTC to the exchanger, and choose an exchanger that does not require KYC but can withdraw,
maybe like binance, and after you send it you can sell it to the USDT pair, this can make your assets safe without worrying about the price going down or decreasing.

crzy

full member

Activity: 2128

Merit: 180

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

You gamble and you are talking about the risk? Well, you might be misinformed that gambling is the most risky way of earning money. There’s no way for you to earn an interest why holding, not unless you lend it or you put it on a system where allows you to earn, just try to hold and relax and wait for the huge price of bitcoin.

Reid

hero member

Activity: 3052

Merit: 651

In crypro world there is no 100 percent guarantee for your money to stay the same or just go upwards in profit.
Better get your head straight sooner while you are still starting.

The early you swallow the truth, the better it will be.
Even if you stay in USD there is no such thing as unmoving value. Their money value also goes down because of economic problems.

You cannot escape that reality anymore.

ruski

full member

Activity: 350

Merit: 100

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

It is better that you keep holding your BTC into your secure wallet, you will make a good profit with time since BTC price is already increasing. Avoid investing in any Ponzi or pyramid schemes, or any HYIP, you will lose your BTC most likely. In fact, you are already lucky to get this 100$ from gambling.

BitMaxz

legendary

Activity: 3374

Merit: 3095

Playbet.io - Crypto Casino and Sportsbook

I agree with the above posts there is no investment without risk everything in crypto has a risk but how about exchange it to fiat and withdraw then buy new things where you can resell them for a higher price around 5% to 10% I'm sure you can make a profit if you buy and sell like refurbished phones which is pretty cheap compared to brand new then sell it with the price between new and refurbished price.

I'm doing this sometimes here in my country and there is no risk here because you have the phone, unlike "lending" or trading.

If you make a profit with buy and sell you can directly exchange them back to bitcoin which is no risk.

harizen

legendary

Activity: 3122

Merit: 1398

For support ➡️ help.bc.game

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

It's quite impossible that there is no risk involved while you want to get in on service to the purpose of getting more BTC. Even just by simply putting money on reputable exchanges also has risk involved. You have to deal on those risks if you want to step up on another level of earning. But of course, make sure that's the risk you will face is worth to put a shot.

Hodling your coins in your own precious wallet is the safest way (unless you did some sh*t on the way). It will not grow the quantity of your bitcoin so in here, do your usual way of accumulation BTC then transfer it every time on your wallet.

Or if still eager to push for that "interest", face the risks and start doing your preferred way which is a Lending service.

leowonderful

legendary

Activity: 1624

Merit: 1130

Bitcoin FTW!

There's no investment out there that guarantees you a return without risk. That's just how things work; there are places where you can lend to casinos and sites like Blockfi where you can deposit your coins and earn interest on them, but that all comes with risk because there's no insurance for the latter AFAIK, and a whale on a casino could easily wipe you out or the site could just leave with your money. Lending on exchanges can also work, but there's still risk in that as well.

exstasie

legendary

Activity: 1806

Merit: 1521

Quote from: NikS13 on August 27, 2019, 04:34:28 PM

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

Then you shouldn't be lending. There is no situation in the world where lending is risk-free. This is especially true in the crypto world where hacks, scams, and margin borrower defaults are fairly common. Coinlenders famously shut down and left lenders with losses of several thousand BTC: https://bitcointalksearch.org/topic/coinlenders-inputsio-tradefortress-hack-328053

You can lend your BTC out on Bitfinex without KYC. Binance just launched a lending service (and Poloniex has one as well) but I think you need to complete KYC for both. Anyway the risks are very high. Poloniex recently screwed over their lenders: https://bitcointalksearch.org/topic/poloniexs-taking-money-from-its-customers-to-cover-its-loss-5151636

With all the third party and default risks, the best option may be to just hold and forget about trying to earn interest.

NikS13

sr. member

Activity: 383

Merit: 250

Hey, so I just cashed out a few 100 dollar of bitcoin from a gambling site. But i want to cash it out when btc hits 10k euro.
Is there any way i can get interest on my btc, maybe even by lending?
Disclaimer: i dont want ANY risk that my funds will decrease/dissapear.

Topic: How to get interest on my bitcoin without KYC? (Read 222 times)