Bitcoin Forum

Daily /weekly ?
What Are the risks and rewards what about NEXO it's safe enough to stake or earn yields there ?
any good places for usdt and usdc to earn what are the roi daily weekly ?
In otherwords Im looking ways to put my money on work.

NEXO should be lucky that they able to survive till now, since few years ago there are many lending platforms insolvent e.g. BlockFi, Celsius, and Voyager. With those few cases, the risk is really big, I don't think it's worth to risk your money there. You're better off looking staking on smart contract or on very popular centralized exchanges to reduce the risk.

I didn't know the good places for USDT or USDC, but in Binance you can stake FDUSD to earn coins for free (launchpool).

staking stable assets will not be profitable. and most won't make a good enough deal for you. most platforms will not provide good offers for staking. If you find one that's good enough and provides a large ROI, I suspect it's likely to end up being a fraud scheme.

just a suggestion, use your USDT to buy Bitcoin but that's for the long term. Never think you will get big returns from any asset in the short term. unless you are lucky in memecoin.

When you send your money to a platform, lock it there, to earn yield, you take risk.

The risk is from that platform, it will use your money to do something you don't know. They don't have money printing machine to simply receive your money, lock it 1 week, 1 year and have extra money to pay you. They must use your money to do something, risk is there and if they do stupid unsafe things, and lose money, their platform can go bankrupt and you will lose your money.

If you have money, buy bitcoin, hold it in your open source non custodial wallet. You will get passive profit with bitcoins, if you can hold it a long time.

I quite agree with you on this as I have assessed the profitability of staking of stable coins, it is not just worth it. In many exchanges, the annual ROI is as low as 7% and I begin to wonder how people are able to shoulder such risk, locking their assets in a CEX that is prone to hacks and other security risks, for a mere 7% ROI. NEXO offers higher APY but the failures of similar platforms makes me apprehensive.  Hence, CEX seems to be more acceptable to people.

Instead of taking this part, I rather put my USDT in Bitcoin just like you suggested, that way I'll be relaxed that I'm in control of my funds and the gains can even be far above 7%.

I am doing defi yield projects such as dojoswap on Inj network. I feel like its more passive as the percentage apr % is quitr high and the tokens are moving the same on the LP pool dojo/inj. But you could stick on stablecoin to farm it as well but the earnings are much lower the only risk is the IL which is inevitable but it getting compensated on your harvest tokens.

You have 2 choices.

Centralized exchanges (Binance/Coinbase/etc):

• Risk of exchange hacks and/or exchange insolvency — https://chainsec.io/exchange-hacks/
• Requires AML/KYC
• You can probably lawyer up when problems arise

Decentralized lending platforms(Aave/marginfi/etc):

• Risks of smart contract exploit — https://chainsec.io/defi-hacks/
• Doesn't require AML/KYC
• You're merely trusting the code that's written to not have faults

In the end, up to you. DYOR/NFA, you know the drill.

Most of exchange especially Binance offers a passive earning in daily basis. So far, Staking on launchpool is the most profitable when stablecoins is involved since it has FDUSD staking with APY compared normal stablecoin staking.

Binance launchpool staking becomes popular since they feature popular new project that frequently pump on initial listing that gives a chance for a higher profit when you get the rewards tokens from staking.

You have limited choices for better APY if you are using stablecoins since CEX and DeFi offers almost close to each other.

you should find out about the story of some custodial lending platform like Celsius or Blockfi before considering investing into one of them. They go bankrupt and their customers lost all their funds till now. It's better to look for decentralized liquidity pool of Defi platforms or GambleFi ones IMO. How much money in USDT/USDC would you like to invest first? Usually earnings are not guaranteed neither stable, but if you prefer centralized platforms I would look for solid and reputed exchanges like Binance Blockchain.com or Kraken. They are less likely to close their doors than lending platforms IMO.

Nexo is really a strong lending platform. I believe part of the reason why they are still active today is how they treat the business; they don't joke with their collateral at all; you can't take a loan from them with any and any how tokens or coins; they always accept only the once's they approve, which I believe must be assets that have values in the market and can be traded at anytime without stress. 
 
Nexo has also not recorded any hacks or exploitation attacks that I know of that most DEFI projects have encountered, which have led to most of them shutting down.

These questions get be answered by you if you are ready to do your own research. I don't think that it is everything one have to answer on this platform when we can always get the answer somewhere else. If you have some funds somewhere any you have that intension to stake USDT so you can earn APY that would be a good move but you would earn more if stake enough USDT so that you can earn more rewards. If you want to earn more APY staking your coin, I would advise you to buy good tokens that has high APY so that you can earn high rewards especially when you are staking huge amount.

You are giving them full custody of your funds and your entire fate relies on them. So, if they end up the same thing as the other platforms that have gone out of business because they can no longer sustain their interest to their users and creditors, they may go out of business anytime and will just file Chapter 13 which is bankruptcy.

Most exchanges have the stable coins deposit and they have an earn feature with that. It's likely around 4%-11% or even more depending on the exchange but I have given you the number and that changes. But the risk is there, and you have an idea that you don't own your crypto anymore if it's on them but yes, it is being projected on your account.

Blackjack.fun casino offers 15% off yearly on staking. There is no minimum investment.
They have been in business for a long time, but you should definitely be careful with any platform you entrust money to.

I recently discovered that https://blackjack.fun offer an investment plan.

You can put your bitcoin to work there for 15% APY (yearly income).

I added about 1000 usd in bitcoin there recently.

That being said, I would risk most of my BTC stash in any lending service

Definately Im not gona use that and wait one year in one year i could make with dca myself decent profit.
And one year it's too long i would use my bank for this not crypto where funds not guaranteed by insurance of goverment rules and regulations.

You are having stablecoins, i will advise you convert them to a volatile cryptocurrency like bitcoin and hold, with this you may not have to look for any means of insuring your asset, but if what you wanted is to use the said stablecoins for stakes, then you can find out with many exchanges as mentioned, but know the risk involved in using them and be able to afford their terms and conditions on that, you may as well be limited to the ROI you can earned than when you engage these by yourself on volatile asset like bitcoin.

The OP asked how he could stake his coins.

This is what stake is about. He didn't ask which bank he could invest lol

And you won't get 15% APY of your bitcoin in banks. Higher risk, higher reward.

I would also add that some banks bailout,  even even with all those "guaranteed " you mentioned.

For USDT and USDC staking it is very small ROI per know so if you bet a little money it will not feel for 1 day or weekly income unless you bet big money.

I think every exchange always offers a standard APY for stablecoins or you can use Bybit exchange with launchpool you stake USDT on a certain token and it will get daily rewards sometimes this has a pretty high ROI and this might be able to earn a little for you.

But I won't force you so choose what you want. [1]. https://www.bybit.com/en/trade/spot/launchpool

Who the hell is going to pay you 5-10% daily or weekly interest rate for your investment?
5-10% daily/weekly is an absurdly high yearly interest rate. If somebody promises me 5-10% (or even 2-3%) daily or weekly interest rate,
I would be 99,99% sure that he is a scammer. If you want yearly interest rate, you could stake some altcoin like Solana or use Freebitco.in and leave some coins there for 4% per year. However, I do not recommend any crypto lending/staking services and this isn't a financial advice. Do your own research and invest your money at your own risk.

I would not suggest the crypto lending platforms, previously NEXO, SALT and Celcius have done well, but I do not trust them with my money for the long term.

Instead there are very old casinos that allow bankroll investments and have been running this for years. The best example is Bustabit running since 2014. Previously cryptogames was also having this service but they shut it down and yolodice too which has been completely shut down now.

Returns from these sites will be regular, but you would want to keep them in for longer periods months or years to get the maximum returns.

Check out @mindrust thread about a guide they recently compiled for people looking for passive investments:
[GUIDE] Best Crypto Investment Opportunities for Passive Income -2024 (https://bitcointalk.org/index.php?topic=5492449)

Probably the best that you can do is stake your assets in different exchanges, I think everyone's already recommended you to do that because it's a good way to make sure that while you're hodling, you're still making a small amount of money from staking your holdings, the problem with this one though is that you're going to need some time to be able to get back the crypto that you've staked depending on where you're staking that money. I would recommend Binance because they're quick at doing it. Another thing that I would like to add is that you can also try investing in the Ronin's Katana farm, it's basically staking but probably much more cheaper and the reward token has a high upside potential.

If you really want to put your money to work these days, you should either trade/invest in cryptocurrency and other assets or do a viable business with your money to earn the passive income you desire. If it comes to staking and others, I do not have so much interest in them. Aside from the fact that they earn you a small amount of interest, they will still force you to hold your money in a centralised system or custodial approach.

Like the NEXO, I can see that they are advertising 16% interest but I do not know how far it's true because it may still be subjected to an additional condition. For me, I maintain like before that instead for me to invest my coin to get less than 20%, I would rather deal with the fiat establishments as they can still offer me 20% interest per annum.

Well, the choice is yours, but don't forget that anyone you want to opt for should thoroughly be learned to avoid issues. But if I were you during this bullish season, I would look for a good altcoin to invest the money, or even diversify my portfolio with it. And if done well in the next year and some months, you could have had more than 500% profits then which is a good bargain.

I won't advice this. I know that we're all looking for some additional income and have it passively but staking it on different exchanges is like depositing your money in the bank.

They'd give you return a bit but the risk is passed on your money but, if you can afford to do that with the amount you have then I guess that's fine.

I think if this was done on the past bull run of 2021, it's better but OP may try it as long as he's ready to put that risk. Well, he's even prepared to do it with nexo although it's a known platform but we just can't be sure about these centralized exchanges in the long run.

I hope you do not lose your funds because you are trying to make money from it, i would never lose custody of my coins because i want to stake it for APY. Take note that the safest place to store your funds is in your self custody and it is better you hold it and see if it pumps, rather than staking it and losing control of it. Each to their own anyway, as i understand people care more about their possible profit than the safety of their money.

The first place which strikes on my mind is freebitco.in for earning around 4% APR on daily basis. But, right now they are problematic (https://bitcointalk.org/index.php?topic=5498013) hence NOT RECOMMENDED.

Here are few things that right now I am aware of:
1. Staking TRON on trust wallet which is giving APR of 3% to 5%
2. Staking KCS token on KUCOIN exchange. This needs to clear KYC with face recognition. APR varies from 1% to 20% or even 30%. Currently it is around 2%
3. Staking ADA on KUCOIN exchange for APR of 3%
4. USDT/USDC staking/long term flexible plans on kucoin exchange; APR varies up to 50% when BTC is doing good.

Lending could be a good option for passive income generation. Kucoin/binance/gate.io exchanges are having this functionality but APR varies based on market trend of the coin. I have noticed waves coins lending provides APR up to 30% when waves on bullish trend.

Another method for auto-pilot profit generation would be, bot trading in above exchanges. The catch here is, you need to launch your bot when a coin is trading at its bottom but in my experience such bot are failing to meet the APR of what bitcoin holding provides.

Lending (https://bitcointalk.org/index.php?board=65) in this forum is another one but not complete passive. You need to proactively follow the borrowers and you need to do due diligence on their profile to finalize to whom you may lend or not.

NEXO has been here for a long time, I used them for a year and I didn't have a problem. I can't guarantee you anything but from my experience they are safe.
BetFury offers a very high ROI for USDT stacking but I can't guarantee you anything, better check the website and other details - https://betfury.com/crypto-staking
Binance offers you up to 7.37% APY on USDT with flexible investment terms.

If you are looking for other ways to put your money on work, you can check Binance's Earn section and Launchpad & Launchpool Section. Freebitco.in also offers 4% APY on Bitcoin deposits but right now they have many unanswered issues, so I don't recommend them at the moment.

Had I known about these issues that FBN has been having, I wouldn't have joined the site since end of December last year.
The site has been around for over a decade and they start to show signs of crumbling now, all the sudden?!
What a f**king luck I have with investment site, I don't know now.
Had deposited just over 0.0363btc to test out the site and now after the news circulating on their own ANN thread, I will consider those funds and the amount of 250k purchased of their own FUN tokens lost at this point in time.

I read your post right now. Don't consider those funds lost. Your Bitcoins are still on your Freebitco balance, aren't they? I guess you purchased 250K FUN token to get a higher APY on your deposited Bitcoins and also 25% APY on your FUN token. I am not 100% sure whether those concerns are 100% legit or not in their thread and I find it very strange that Freebitco.in still runs a signature campaign, PR posts in thread and still they completely ignore what's happening but if you want to be on the safe side, you can try and withdraw those Bitcoins that you deposited (withdraw in some parts). I assume you want to withdraw FUN tokens too but Freebitco.in has a very bad exchange rate, I suggest you to withdraw them on Binance and then from Binance, convert FUN to USDT.

No, that deposit was for the sole purpose of securing those FUN tokens on the account. Nothing more.
So at this point they are locked for the 365 days and they can not be moved off the site.

But will take your advice and wait til they can be unlocked then proceed on moving them off-site so can transfer them onto an exchange such as Binance you recommended to do when I can to turn them into a cryptocurrency which I can use.
Thank you Shield132 for the advisement and will wait just like everybody else to see how this bad investment goes in the next 6-7 months.

There's not a lot of them in existence OP, it's way past the golden age of those services that will yield really good rewards, you might want to read everything that's been posted in your thread because they all do make sense especially at the first pages, they give out the most that you can check out right now and at the same time give you the most sensible reason when it comes to investing your crypto to make you more money. Maybe it would be better if you look at this thing in a different way, maybe use your crypto not as a way to make more money in crypto but as your fund for your dream business or something like that.

At the moment you can provide liquidity in many DEX and you can earn 15-20%.

One Solana you got a lending platform called Solend and you can earn 15% yield there. There are also more LP services which pay a similar amount.

15-20% is alot, especially for a stable coin. About 3-4x what you are getting at the bank.

Keep in mind it’s risky due to smart contract risk. There might be some exploit and funds might get drained, so don’t put all your money in one.

I have said this many times, staking coins is not a good idea cause it has security concerns as well as it doesn't worth the risk for the reward they give and if someone promises you high APR then it's just scam.

You can consider investing in casino bankroll which doesn't guarantee you any profits like staking platforms but if they make profits they will share the profits accordingly and apparently successful casinos are most likely to be profitable than in a loss but only consider it for long term.

Investing in a casino is a massive risk. Even casinos that once had a great reputation have recently had many problems, like FreeBitco.in. There were also other casinos like BitDice and Betnomi, that exit scammed or disappeared under suspicious circumstances.

Investing in traditional assets is one of the least risky ways of earning passive income. That is not always an available option so people turn to crypto. If you invest in a decentralized platform, it is best to consider how well audited and trustworthy they are instead of just apeing into whatever is promising to give you the highest yields.

Just hodling Bitcoin is also a very well known strategy that is proven to be very profitable over a long time.

I agree, and it is not only profitable, but safe if you store your coins in your self custody and if you know how to securely keep it away from attackers and hackers. I know some people are tempted with the profits they think they can make when they stake altcoins, but some of them do not think about the risks when they do it in a custodial platform.
Investing or staking in any custodial platform has its risk, no matter how reputable the service is; not your keys, not your coins.

Ofcourse every investment comes with the risk for our capital so we can't say any kind of investment is 100% safe no matter what. What you are saying is true as well casino investment is not safe either but comparing to staking it looks like a better plan to me cause there are some casinos which still allows bankroll investment while maintaining their reputation however it can change at any moment that is the risk behind holding our assets in a centralized platform.


I agree, simply HODLing is the best possible thing to do with the bitcoin but some traditional investors are not used to keeping their assets in their own custody they always like to take the game even though it doesn't worth the risk/reward.