Wondering how many of you earn interest on your Bitcoin?
Do you feel this is risky, whoever owns the private key owns the BTC ?
Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo
thanks!
Do you feel this is risky, whoever owns the private key owns the BTC ?
Also any resources for a high interest rate I think around 6% is the highest, these are some I have seen Liquity, Blockbank, Voyager, Nexo
thanks!
There are lots of trusted and secured decentralized platforms that allow you to earn more interest as your hold your coin in their platform such as staking your Bitcoin for a period of time to accrue more interest or rewards. These decentralized platforms allow coin holders to have total control of their private key thereby restricting the involvement of third parties or intermediaries.
As for me, I prefer to hold my Bitcoin (a non stablecoin) in my private crypto wallet and allow it to accrue more interest as its price increases in the crypto market.