Earning interest on cryptos

[coinfunda]

There are few platforms offering interest on cryptocurrency holdings. DO you guys have any experience which is offering good and safest?

https://coinfunda.com/earn-interest-on-cryptocurrency-holding/

[mk4]

I've been hearing decent feedback from BlockFi and Consensus Network. Personally though, one thing I really don't do, is to hand over funds to a custodial besides if I'm going to do a quick trade on an exchange. Especially knowing that you need to leave your funds on these platforms for one full year to actually receive something in return? Big no for me. I'd rather keep my funds safely on my cold storage.

[Kakmakr]

I think the most profit that can be made with Bitcoin is the increase in the value of the coins you bought, but I also think a little bit of interest while you wait, will not be a bad idea. 

I dumped some coins into Freebitco.in to get some interest on a small amount of Bitcoin that I deposited there, but most of the returns on that are used to gamble on the site. 

Tip : DO NOT invest large amounts of money on these sites, because most of them are not regulated and you will have no recourse if something goes wrong. 

[Initscri]

Good way to get backlinks, sign up + add links to a forum topic lol.

In all honesty, if I could find a place I trust to offer interest on crypto, I'd use it. But I've been burned FARRR too many times attempting to find such a service.

Lending services are meh for me. Honestly, 50% of the people never paid back. Bitcoin both benefits the lending community (ease of use), and does damage to it (easy to con/escape, etc)

[Ipwich]

I've been hearing decent feedback from BlockFi and Consensus Network. Personally though, one thing I really don't do, is to hand over funds to a custodial besides if I'm going to do a quick trade on an exchange. Especially knowing that you need to leave your funds on these platforms for one full year to actually receive something in return? Big no for me. I'd rather keep my funds safely on my cold storage.

I would do the same, holding has been profitable so we don't need a small interest for our funds.
By holding alone, if the market is good we can expect that our value will increase and we can sell any time we want to take profit.
For long term holding, it would be okay with me as long as I have the assurance of protection like depositing money with the bank.

[okala]

I have not been involved in such profits making site's why because most of them have long period of agreement which investors will have to wait some times up to one year and you know how volatile the cryptocurrency market can be one can not predict what happen in the future so what I do is either to trade or hodle and wait for price to increase.

[Indamuck]

There are many options to fund exchanges and casino bankrolls but thats too much risk for not enough reward.  Your best option is investing in Proof of Stake coins and maybe even a masternode if you are looking to earn interest on your crypto.

[bitmover]

Your best option is investing in Proof of Stake coins and maybe even a masternode if you are looking to earn interest on your crypto.

I don't think it is a good strategy. Post coins may just crash and you will lose most of your investment, that 1% month will not make any difference.

The best is to lend your BTC to big exchanges... The earnings are small and the risks are too high for me personally... But I think it is the best option

[leowonderful]

Eh, most services claiming to offer interest on crypto all claim to be ultra-secure, but as with any investment don't risk more than you can afford to lose. 6% isn't too bad in the case of BlockFi and they also claim to have exceptional security, but the risk/reward turns me away personally and I would never risk the funds I have in cold storage on any of these sites.

I've also got a small amount of coin in Freebitco.in and they haven't scammed anybody in the years they've been active, but that could change at any moment.

[squatter]

There are few platforms offering interest on cryptocurrency holdings. DO you guys have any experience which is offering good and safest?

Sounds like a recipe to lose your coins. Did you ever hear of Coinlenders? Read up.

Even if you can beat the odds after loan defaults, the custodial risk just isn't worth it on centralized platforms.

Decentralized/protocol-based lending seems cool but it's pretty limited since borrowers need to maintain cryptocurrency collateral to cover their loans -- using crypto as collateral to borrow more crypto. It would be a lot more useful if people could tokenize their automobile or house deed, etc. and use that to secure cryptocurrency loans, like they can IRL with fiat-based loans.

[Thirdspace]

Your best option is investing in Proof of Stake coins and maybe even a masternode if you are looking to earn interest on your crypto.

I don't think it is a good strategy. Post coins may just crash and you will lose most of your investment, that 1% month will not make any difference.

then choose the coin wisely and always liquidate the earning into bitcoin as often as possible
some coin, like waves, with masternode doesn't require us to send out the coins
we just need to lock it and point to specific masternode to start earning  
this locking mechanism minimizes the risk of losing your coins (not the value),
unlike other coin's masternode that requires coins centralization in one specific address

The best is to lend your BTC to big exchanges... The earnings are small and the risks are too high for me personally... But I think it is the best option

just like the article in OP, it mainly discusses about lending platform, centralized and p2p both are quite risky
your profit-to-risk on lending is not much different than investing in PoS coin or Masternode shares
with lending, you can suddenly lose all your bitcoin when the exchange/platform turns into scam
slightly better in PoS/Masternode, you can still cash out at the first sign you think your coin is losing value

[Mike Mayor]

I've been hearing decent feedback from BlockFi and Consensus Network. Personally though, one thing I really don't do, is to hand over funds to a custodial besides if I'm going to do a quick trade on an exchange. Especially knowing that you need to leave your funds on these platforms for one full year to actually receive something in return? Big no for me. I'd rather keep my funds safely on my cold storage.

Yep. I don't trust it either. You not in control of your funds and it's not like there are any legal agreements that can protect you since you agree to the TOS when you sign up. It's not legally bound is what I am trying to say so if something were to go wrong you can't legally do much.

This is why I would rather invest in masternodes or stake coins in my own wallet. This way you own the coins and are in control since they are in your wallet. People say it is risky and they are right. But would you rather take a risk on something you have control of or something you have absolutely no control over?

[Indamuck]

I wouldn't trust any of those casino sites that you can invest in the bankroll, I've seen too many of them exit scam.  Investing in Exchanges that do leverage is not worth the risk either, most give you under 10% yearly.  You could always try to invest in some altcoins that are proof of stake and maybe even a masternode if you are feeling the risk is equal to the potential reward.

[r1s2g3]

I wouldn't trust any of those casino sites that you can invest in the bankroll, I've seen too many of them exit scam.  Investing in Exchanges that do leverage is not worth the risk either, most give you under 10% yearly.  You could always try to invest in some altcoins that are proof of stake and maybe even a masternode if you are feeling the risk is equal to the potential reward.

I actually looked for the casino bankroll investing a couple of month ago. I think they are not giving the all the data points so that I can analyze it is good decision to invest in bankroll or not. Anyway your bankroll invest can become zero too so I decided against it.

As far the investment in POS platform is concerned, crypto space is too volatile to make the decision whether one should back out or invest more to gain from dipping price. I will suggest to invest in POS coin if you believe in that coin/project. Do not invest in it for staking purpose only.

Best deal I think is to lend your BTC in lending section with 120% collateral. This will remove your dependency on third party.

[playboy654]

I wouldn't trust any of those casino sites that you can invest in the bankroll, I've seen too many of them exit scam.  Investing in Exchanges that do leverage is not worth the risk either, most give you under 10% yearly.  You could always try to invest in some altcoins that are proof of stake and maybe even a masternode if you are feeling the risk is equal to the potential reward.

Investing on the reputed casinos is not a huge risk and will give decent returns like the traditional investment but it will not for the people who want to double the capital amount in the short term period.Personally I don't invest my cryptos on anyone because if I keep it myself or trade with it then it has the capable of giving more profits than those risky investments.

[bozzy]

Depending on where you live, you should check out Trade.io's Liquidity Pool.  https://trade.io/en/liquidity-pool.  There are a handful of countries where they are not available due to restrictions and laws.  I have been doing a lot of research on them lately though and the Liquidity Pool seems pretty interesting.  Even if you decide it isn't for you, or you can't use it because of where you live, I think it is at least worth checking out.

[LTU_btc]

You should be very careful when choosing website where to invest your BTC. You must read reviews about website, check how they make money to pay interest and etc. Stay away from websites which offering huge interest rates because legit website will never pay huge interest. If it sounds to good to be true - most likely it's scam.
There are several ways how to earn interest in crypto - these investment platforms described in OP, investment in casino bankrolls and POS coins. But you should know that every investment have their own risks and isn't completely safe.
Currently I have invested only to Freebitco.in not big amount of BTC to earn interest. My investment is small, so interest that I earn is insignificant. Freebitco.in in business since 2014, and they haven't scammed anyone, but despite that I fear to invest bigger amount of BTC because there I can't fully control it.

[jademaxsuy]

You should know that in joining projects like ICO projects is a kind of join at your own risk. Usually experience investors will say to do your own research for it is all about securing the investment. I could tell that in your case it is not about securing investment because you only specified about earning interest on cryptocurrency. Well that is a good thing to discuss but first make sure that whatever decision you will going to make then do not let the decision be made by the influence of other users here. Again Do your Own Research and Join at your own risk not just talk about earning interest in cryptocurrency.

[Lucius]

DO you guys have any experience which is offering good and safest?

You ask question just because you want promote your site, it would be more appropriate to ask a question first, and then use that information to provide some useful information for those who visit your site.

For me personally idea of lending crypto it's not something I would advise to someone, it is still pretty slippery terrain and exit scams can happen at any time. BlockFi is offering 6% interest annually, but how wisely is invest for example 1 BTC for only 0.06 BTC per year? It is much better to just hold it in your wallet and sell some on next ATH.

[Chikitita2004]

There are few platforms offering interest on cryptocurrency holdings. DO you guys have any experience which is offering good and safest?

https://coinfunda.com/earn-interest-on-cryptocurrency-holding/

These are the sites that promise daily interests for your coins (specifically bitcoin)? You will have access to view your coins in your account and you will see there your daily earnings as interest of your deposits. This is suspicious. I will not put my bitcoin at in danger of losing forever by trusting these sites. Better keep it in my private wallet and wait for good chances in trading.