Earning Interest with Bitcoin?

[xiboothrezi]

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.

[Lmaooo]

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%? 

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

[Saint-loup]

-snip
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?

[Asmonist]

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.

[angrybirdy]

-snip
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?

I wasn't able to find DOGE either on this link https://yobit.net/en/investbox/
I think it is not available or it was removed?

[Memminger]

Well you can directly lend it to a person and we actually have a section here in the forum where you can put a certain percent as fee for lending and you can use escrow party by having collateral if you were not able to return the amount you borrowed. I heard yobit also have an “investment” or something like that you might wanna check it out. Though here in the forum you need to earn the trust of the members here especially those who are the members in DT for you to be trusted to lend or even borrow a certain amount.

[Wintersoldier]

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.

For me in the first place, there's no reason for us to lend our bitcoin to entities like banks. What they utilize is mainly fiats, and in order for us to implement this kind of transaction, we need first the Government to fully take into consideration that cryptocurrency should be adopted in their system. Not literally, transitioning their fiats to crypto, but they should first allow  their systems to utilize crypto. In this case, we know that the bitcoin we lend to them will rotate to the economy and will bring sufficient interest for us as well.

[Xxmodded]

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.

For me in the first place, there's no reason for us to lend our bitcoin to entities like banks. What they utilize is mainly fiats, and in order for us to implement this kind of transaction, we need first the Government to fully take into consideration that cryptocurrency should be adopted in their system. Not literally, transitioning their fiats to crypto, but they should first allow  their systems to utilize crypto. In this case, we know that the bitcoin we lend to them will rotate to the economy and will bring sufficient interest for us as well.

Only with bitcoin investing become interested for earning bitcoin with investing or trading, we need money first looking for which one big chance to get profit between bitcoin or altcoin investing, looking with crypto market today bitcoin can invest your money now. Bitcoin look friendly by investor because have dominance price with lower and higher every time.

[Google+]

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.

I think if you want to get a lot of profit then you should be able to face the risks that exist because everything you do has risks, if you want to reduce the risk then you can focus on bitcoin by buying bitcoin and wait until the price rises or can apply long term trading length so that the risk can be minimized.

[rmhuntley]

I found this article how to earn interest in Bitcoin or Bitcoin savings account, And in the article there is also the best site to earn Bitcoin interest.

read More : https://coinsutra.com/earn-interest-bitcoin-crypto/

[auntyjmary]

There are many ventures out there that are offering lending service to crypto enthusiasts. I believe the exchanges like binance and poloniex are the best avenues to lend your bitcoin to and in  return you can earn some bucks since the exchanges can be trusted than most of the websites that are likely to be scam.

[Asuspawer09]

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%? 

Actually Binance is doing this because they are lending that money ahead to traders at higher rates. Advantage to Binance is that margin money provided for trading is almost at zero risk because liquidation price is set in such a way that the exchange never suffers any loss. So Binance themselves are earning a huge chunk of Interest and distributing merely like 10-15%. It's possible for exchanges to do so but outside that world it's never possible because there will be a list of people wanting their money back but zero people who will willfully come back to return their loans. If they don't then the intermediary will run at a risk of getting bankrupted as they can do nothing about this.

i've use a lot of hype or investment website which you could invest your money and it says that it will gain profit of 20percent per month and also i could earn a profit if i invest and invite someone to also invest in the website. I think this kind of websites work but not all of them works and legit they probably just end up just a scam. I think if the profit promise was to good to be true it will probably just end up to be a big scam.

[asus09]

Binance exchange can give your several percent if joining their staking program, you have choose first which one altcoin have stable price for joining with staking coin, there are have optional like stellar coin, tron and bittorent coin. You have looking three coins have good price during one month after staking and invest your coin in binance exchange market.

[tbterryboy]

-snip
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?

Isn't that more like staking because the last I heard of this doge interest is that you have to stake the coin, and the amount required to stake is really much that people cannot afford that much. I have not been seeing the invest box in the Yobit for some times, now, and this is one of the thing that has been making me to check Yobit out because naturally, I would not dare to go near that exchange that contains shitcoins.

It amuses me how they are the only one that have provision for that on doge which I know completely well that Doge is not a shitcoin, they would have just done that on other exchanges, except it is a personal project that is being run by the exchange directly. They might be having little issue with the invest program and we will watch if it will be restored.

[aysg76]

Yes it is good source of income if you lend btc to some other person as loan and earn interest over it but the main problem is fluctuation in prices suppose you lend $1000 and after some time prices rise to $1500 which will cause price difference but still you can settle all and earn profits with your skills.There are some exchanges which deal in such cases and you can find them over net.

[dimox]

now, bitcoin be the main job to gain profit. many people resign to play full, focus on bitcoin. and its good if you can get more than you do in real life. many thread ask or tell if they loan or sell their property for bitcoin. and the problem when bitcoin price is down and you can gain interest except wait until it over time limit, it will be big trouble

[Cityhunter123]

I have long wanted to switch to passive income, but it takes a long time to prepare for this.

[sapnu]

There had been services like this and you can check this site https://cryptomaniaks.com/best-bitcoin-lending-sites   but it seems Binance has a 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.

In terms of spending your time and effort in bitcoin, I can say that when you are doing your technique for you to earn bitcoin you should have interest, what I mean is that if you are doing something in here, for example, you bought a couple of bitcoin for you to HOLD and you are selling it for you to earn bigger than the value you bought it, you should actually have high money, because if you bought it and sell it at a lower price you are the ones who are losing money so you should hold them until the price really pumps and make your money even doubled or even tripled because that is our goal in here to earn a lot of money. You should also choose some trading sites in which you are getting high interest and also a good security with faster transaction.

[cutesgirl]

If you have money there are many way how to earn and increase your money with bitcoin and altcoin, if you like faced with big risk and big result you can try with bitcoin and altcoin investing use long or short term way. But if you want your bitcoin keep safety better use for stalking in binance exchange market with several percent every month.

[jerry0]

Okay so binance lets you do this correct?  I looked at their site again and if you lend bnb... you get up to 15% annually... if its usdt... its 10%.  Can anyone here confirm this is legit?  Seems way too good?


Example imagine you had $10,000.  If you put it in a bank account or cd, at most you get 2 percent at the absolute max... more like under 1% or less or under $100 a year.  But if you buy btc with $10000 on binance and sell it for usdt... then have around $10000 usdt balance and lend it... at end of year, you will have $11000 usdt?  Can anyone confirm this?  Because the thing is usdt always seems to be pegged to the dollar so wouldn't that mean there is almost no risk?  Because then at end of year, you then sell it for btc and immediately send the btc to coinbase or bitstamp and sell it again immediately for usd... then you withdraw to bank account so that way... you are making around $1000 in 1 year on $10000?  Or is my math or logic wrong here?  The other thing is binance does not allow you to cash out directly to bank accounts right?  Or did that change as well?


Because if they offer 10%... if someone had $100,000, couldn't that person just do this and make $10000 in interest a year?  Now if usdt collapses, thats the only way you lose profit right?  But usdt seems to always stay close to or is 1 dollar?