Coinhold by EMCD: a Better Way of Saving and Earning Crypto

[IceLincoln]

If you’re looking to minimise risk and earn passive income on your crypto holdings I recommend Coinhold by EMCD.
It allows users to earn passive income from their BTC, Ethereum and stable coins holding through a fixed or flexible saving plan with an interest rate of 14% APY on stable coins and 8% on Bitcoin and Ethereum.

They’re not the only crypto savings wallets but sure have the highest interest rates, even above binance with a 10% APY on stable coins.
It is best suited for long term bitcoin and Ethereum holders, Risk-conscious investors who prefer steady, predictable returns over speculative strategies, miners wanting to boost profits and cut costs and stable coin investors looking for high profits and low risk.

How it Works

Coinhold works similarly to a crypto savings account, offering predictable returns on digital assets. Here’s how it works:
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.
* Deposit crypto: BTC, ETH, LTC, BCH, USDT, and USDC are supported.
* Earn daily interest: Interest accrues and compounds over time.
* Withdraw anytime: Flexible plans allow for instant access, while fixed plans offer higher returns for longer commitments.
Fixed vs. Flexible Coinhold Wallets
Coinhold offers two types of savings plans:
* Fixed Coinhold: Best suited for long-term investors. A 360-day fixed-term deposit in stablecoins can earn up to 14% APY, while Bitcoin and Ethereum deposits can generate 8% annually.
* Flexible Coinhold: A solution for those who need liquidity while still earning a competitive yield. Users can earn up to 10% APY on stablecoins and 6-7% on BTC and ETH, with the option to withdraw at any time.

Coinhold is a huge plus to the crypto space by helping miners and investors maximise profits through automated earnings and minimising risks.

Coinhold’s growth reflects this demand. The number of active users has increased by 85%, while deposits have grown by 93%. Most users opt to accumulate BTC and USDT, drawn to Coinhold’s market-leading 14% stablecoin yield. This surge indicates a clear shift toward stable, high-yield crypto savings solutions in an unpredictable market.

Coinhold is a centralised wallet and just like any other centralised wallets comes with its own risks despite the benefits it brings. So Before investing or deciding to use coinhold, you also have to look at the downside of it and consider if it matches with your financial goals and tolerance.

Source: https://news.bitcoin.com/coinhold-by-emcd-a-smarter-way-to-earn-passive-crypto-income/

[odolvlobo]

Have we learned nothing from the Celcius/Luna/FTX debacle? If you lend your bitcoins, you may never get them back.

[Doan9269]

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1. I know the risk in using a centralized exchange, then why should i go for another version of a centralized institute to handle my money for long.

2. If am experienced enough in cryptocurrency, then all these is what i see that can be done by myself, even in such a way that i may not have access to spending form it, than using a centralized platform for that.

3. Am very sure the interest they are going to give will never be equal or up to what i stand to gain within the same period if i know how to do it by myself.

4. Lets keep learning till we become more independent, this is our first security and were it lies in cryptocurrency.

[BlackBoss_]

If you’re looking to minimise risk and earn passive income on your crypto holdings I recommend Coinhold by EMCD.

Coinhold works similarly to a crypto savings account, offering predictable returns on digital assets. Here’s how it works:
* Pick a savings plan: Choose between fixed (30–360 days) or flexible options.

You can lose your bitcoin within seconds if you lose your Bitcoin private key. When it's no longer your Bitcoin private key only owns by you, it has very high risk that it's no longer your bitcoin.

And here, in this offer, if you want to earn passive income, you will have to deposit your bitcoin and other cryptocurrencies, for 30 to 360 days. The minimum locked days, 30 days, is a very long period, long enough to lose your bitcoin.

So, except how much passive income I can get, good or great, I would like to say no to this offer.

Reminder: do not keep your money in online accounts.

[btcltcdigger]

Like mentioned above, i'm a survivor of Celsius/FTX cancer.
I'm not going to risk my BTC with any other new and promising wallets. History has proven that they're more of a ponzi than anything else, relying on new income to pay out the older ones. No thanks

[coupable]

What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from? Will the platform use my assets for specific investments? These points are very important in my opinion, otherwise coinhold is no different from cloud mining investments. Or it can be used as an alternative wallet, but its centralized features make it not the best option.

My opinion is no different from the opinions of the rest of the forum. This is a huge risk and no investment in the world can generate fixed returns forever. The coinhold team wants to establish a concept that we would like the crypto community to abandon, which is to appreciate the risk of using centralized platforms for long-term cold storage.

[odolvlobo]

What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from?

It's simple. Coinhold lends your coins to someone. They pay interest and return the coins at the end of the loan, or they default and you lose all of your coins.

[Doan9269]

What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from? Will the platform use my assets for specific investments?

Yes, your money are not just held at hand for nothing sake for them, they also invest with the fund and make their own profits using diverse approach, they will now decide to give you little from the interest they are using your money to make, just as we have with the banks, they pay their users interest that is worth nothing, whereby if the owner should make use of their money for an investment themself, they are going to realize much more better, also know that its a signed agreement, some may not release your fund back to you unless the due date agreed upon elapsed.

[EluguHcman]

What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from? Will the platform use my assets for specific investments? These points are very important in my opinion, otherwise coinhold is no different from cloud mining investments. Or it can be used as an alternative wallet, but its centralized features make it not the best option.

You said it all as what seems too good in speculations especially one that details flex means to get quick rich is worth thoughtful about.

It is indeed questionable to note how the coinhold would benefit from users assets if they are not having the funds on investments to where it would generate more incomes.

This might be real but I don't know why I am being skeptically a hmm to this. Has it turn out a reverse to advice Bitcoin holders to store their coins in the exchange even when knowing users of the exchange are not full control of their funds and not even a hold of the anonymity?
Quite thoughtful as not all that glitters are gold. Greed is a fast option to lost of your hard earns.

[CryptopreneurBrainboss]

Coinhold is a centralised wallet and just like any other centralised wallets comes with its own risks despite the benefits it brings. So Before investing or deciding to use coinhold, you also have to look at the downside of it and consider if it matches with your financial goals and tolerance.

No centralized wallet should match your financial goals, your number one line of defence in the crypto space is to be self custodial of your wallets and everything you decide to hodl in it. Don't make use of a centralized wallets for long term hodling and don't make use of CEX as wallets too.

A better way of saving is hodling your Bitcoin in your own wallets that gives you full control of everything because nobody can protect your assets more than yourself, if you think otherwise then you're not having the right mindset here and it might be the cause of many problems that you'll encounter in future.

Make money and buy Bitcoin (you can gamble too with altcoins) but don't believe that any platforms is having your best interest as they promise to give you some percentage when you give them control of your Bitcoin. They're only using your Bitcoin to make more money for themselves and most likely will scam you when they're done.

[coupable]

What I don’t understand is how will I get returns from storing on coinhold? Where will these returns come from? Will the platform use my assets for specific investments?

Yes, your money are not just held at hand for nothing sake for them, they also invest with the fund and make their own profits using diverse approach, they will now decide to give you little from the interest they are using your money to make, just as we have with the banks, they pay their users interest that is worth nothing, whereby if the owner should make use of their money for an investment themself, they are going to realize much more better, also know that its a signed agreement, some may not release your fund back to you unless the due date agreed upon elapsed.

I would rather convert my crypto to cash and deposit it in a bank than store it this way. I have never been comfortable with these offers and they seem more like a scam than an investment scheme. I am not accusing Coinhold of anything and I will not be surprised that they have loyal customers, but I insist on the need to clarify the concept of the service and how it will generate income.
People usually resort to these services when they are 100% sure of their integrity even if they do not provide high interest rates, or they are completely ignorant of the ways to store assets in crypto. With Coinhold, I prefer the second hypothesis.