Decentralized way how to earn interest on Bitcoin?

[r32godzilla]

Hi guys, please, I would like to do something with my Bitcoins that that lie in my hardware-wallet.
Do you know about some decentralized way how to earn interest? I mean for example by using smart-contract? That Bitcoins will not leave my wallet and I will still earn interest?
I know that custody services like Cobo wallet or Binance offer that, but there is a risk connected to the centralization, you know. 

[bL4nkcode]

Does it sound like staking? (Ledger and tezos offer related to it on ledger live)
Though not sure if related to smart contract, but one thing for sure, never heard that way of earning.

[tenakha]

I do not have info about the reliable hardware wallet that offers interest for BTC, but there are a few exchanges that offer this: https://coinsutra.com/earn-interest-bitcoin-crypto/ Because the party that offers you this service should have a benefit to give you interest. Otherwise, why pay for it? Or you can make staking by exchanging BTC to altcoin supported by hardware wallets. For more check out Atomic wallet and Trust Wallet

[batang_bitcoin]

I don't think that there's something like that. However, I think that nexo.io do the same but it's not with bitcoin, you have to purchase stablecoins with your bitcoin and earn interest on their platform yearly. You can also earn through other currencies like GBP, USD which is indicated on their website.
Maybe that will catch your interest but AFAIK until now, there's no service like that so it's best for you to let those bitcoins of yours stay on your wallet.

[oscarftw]

Bitcoin won't leave your wallet but you have interest to earn more Bitcoin! Not possible. If you have interest in staking program than you could buy top buy coin but interest is few percent in a annual. I heard Ethereum 2.0 will launch staking program, so you have to exchange it. But this staking percent is not more than 5 percent.

[CjMapope]

Hi guys, please, I would like to do something with my Bitcoins that that lie in my hardware-wallet.
Do you know about some decentralized way how to earn interest? I mean for example by using smart-contract? That Bitcoins will not leave my wallet and I will still earn interest?
I know that custody services like Cobo wallet or Binance offer that, but there is a risk connected to the centralization, you know.  

uh, thats not how BTC works lol. it dosent have a built in mechanism for interest payments to hodlers
there ARE exchanges that do it, but ya lol, geez man, what a silly question : /
blockfi offers 8%APR, for example of a service, but heres your "interest payment"     buy 1BTC hodl it for a year.   congrats, you just made $$$ lol        

[Lagduf]

You don't wanna see your coins to leave your coin while the only way for you to get the interest from your bitcoin to use it in the lending site. there is no way for you to earn the interest caused by bitcoin is a POW coin that is not offering staking feature to make the holders receive the annual return from the blockchain. It's even impossible to happen for bitcoin. Bitcoin is much more focused into the capital gain rather than putting the interest as its own main value.

[r32godzilla]

And what about lending through a smart contract? For example I will lend my Bitcoin to someone, but I will be sure of maturity through a smart-contract. Something like this also doesn´t exist? 
I am not educated in this industry, but I thought that something similiar is DeFi on Ethereum blockchain, isn´t it?

[BIT-BENDER]

Does it sound like staking? (Ledger and tezos offer related to it on ledger live)
Though not sure if related to smart contract, but one thing for sure, never heard that way of earning.

Same here I was surprised reading this post. I don't know how possible it can be to earn with Bitcoin when the Bitcoin is not even leaving your wallet then what are you going to use to earn or even stake sounds absurd to me

[nicolas1979]

I still don't get it, how bitcoin not leave your wallet but you still good interest?. Some program like staking or holding is like that but need high money to get worth interest. Try to complete your post it will be help us to know the truth and if right I'll follow it. This time we need more alternative to make money, trading, mining and investment look's for me.

[DaMut]

And what about lending through a smart contract? For example I will lend my Bitcoin to someone, but I will be sure of maturity through a smart-contract. Something like this also doesn´t exist? 
I am not educated in this industry, but I thought that something similiar is DeFi on Ethereum blockchain, isn´t it?

this does not exist at this moment on bitcoin blockchain. find staking coins to make money without moving your asset out of your wallet.

[monineklutak]

I still don't get it, how bitcoin not leave your wallet but you still good interest?. Some program like staking or holding is like that but need high money to get worth interest. Try to complete your post it will be help us to know the truth and if right I'll follow it. This time we need more alternative to make money, trading, mining and investment look's for me.

there are so many ways to get money in bitcoin, if you have trading skills, my advice is to trade with a good strategy, especially if you are mining and looking for bounties, I'm sure the money will following you

[nutriagrigia]

I do not think that you should try to find such ways of earning. if you think logically, then such methods do not exist. you will have to trust your Bitcoins to some kind of campaign or person so that they manage your money and you will receive a percentage for this. if bitcoins do not leave the wallet, how will other campaigns or people will make a profit?

[Nalbo]

When it comes about interest and Decentralized, all that comes in mind is https://compound.finance/
They are a decentralized P2P lending platform that works in a decentralized way. They don't accept bitcoins directly but they accept WBTC, a Ethereum token pegged to BTC and Ethereum and other coins.

[tartibaya]

Making money from Bitcoin is not an easy task. Bitcoin is a very risky investment. I think the best job to do with Bitcoin is a long-term investment. Then you need to make sales at the right time. Don't hold Bitcoins forever. We need to spend the wife.

[Mike Mayor]

You can invest in master nodes. But please be very very careful. Do not be blinded by greed. Take into consideration the past performance in the direction the coin is going. If it is a coin that trades often or has a use then it will increase your likelihood of investing in it. I suggest starting with cheaper nodes just to get the hang of things. The good thing is you are in control of your funds and that is what you wanted. I just want to say that every day you will not gain % value you will gain % of the coins and if the value remains the same or drops less then the number of coins you have then you make profits. If you manage to break even then you will be in the green and making a profit each day no matter what. You are also forced to keep your collateral or the node will not work so you can afford to sell each day if you like unlike staking where more coins = more staking power.

[GucciBoy]

Another post asking for decentralization. Funny how everyone seems to LOVE decentralization. Masternodes is a good way to increase your BTC, but be careful. Don't invest in trash projects with no products, or roadmaps.

Blocknet is a good one, extremely undervalued because:

First and only REAL functional DEX on the market as of today. There's a lot of "DEX-like" projects out there, who isn't truly decentralized from a technical perspective. Including, but not limited to: Binance DEX, Waves DEX, Bisq, IDEX, etc.

Running a masternode (also called a Service node) on the Blocknet network, earns you the following:

Masternode block rewards
DEX trading fees (Which will increase exponentially over time)
Xrouter fees - The Xrouter solves the "Oracle problem", and connects blockchains, and real world applications. The network itself can handle billions of calls/day.

One of the most promising masternode projects, and with a good history behind it as well. Do your own research though

[carlzec]

You need to be very careful. There's no stake with Bitcoin. By keeping bitcoin in the account they can only give interest income. But in this case it is very difficult to get assurance. Big Exchanges don't get into this. A dangerous investment.

[r32godzilla]

Thank you for every reply, I just only wanted know if it is possible, probably not, you only need to risk something to gain something right?
Also lending on platforms like Binance, Bitfinex or Nexo are not risk-free, right?
So I continue hold my Bitcoins in my wallet, rather than loose them on some exchange or platform. 

[mrdeposit]

Thank you for every reply, I just only wanted know if it is possible, probably not, you only need to risk something to gain something right?
Also lending on platforms like Binance, Bitfinex or Nexo are not risk-free, right?
So I continue hold my Bitcoins in my wallet, rather than loose them on some exchange or platform. 

There is always a risk, even when you hold it in the hardware wallet. But, at exchanges, the risk is always greater. The known way to make money from bitcoin is to hold it on exchanges or lending platforms. But, if that is not what you want, let it stay in the wallet until such an update comes out.