Bitcoin or cryptocurrency holding interest-paying active platforms

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People who are involved in cryptocurrency trading find it very difficult to constantly make profits due to the change in the value of the cryptocurrency. Sometimes it rises and makes a profit but sometimes it leads to a huge loss for the bearer. But there are also some other things that make it more volatile compared to the traditional marketing system, as in the traditional market one can predict the market where all the data is available and there are no opportunities to penetrate the market, but in cryptocurrency trading there is always the threat of hackers hacking blockchain.

Despite this, people make a lot of investments in cryptocurrency trading and different platforms allow one to get stable profits by giving interest on holding bitcoin or other cryptocurrency. This can be done by opening an interest-bearing cryptocurrency account which works like a regular savings account where people deposit their bitcoins or other cryptocurrencies without any time limit and interest is given on the deposit and the person can withdraw the interest paid on the deposit and can achieve Steady profits. If you’re interested in trading bitcoin, check out Retail Investors Return to Cryptocurrency Markets .

Here is the list of platforms where a person can get interest on bitcoin or cryptocurrency deposits:

Celsius

There are Defi lending platforms that give interest on lending crypto assets and the lender is paid interest on the asset and can get the best values. Celsius is one of those platforms where one can earn up to 18% interest but there are some conditions like that one buys their premium membership which bears the name of loyalty program. But if one does not opt ​​for the loyalty program, they will still be able to get up to 14% interest on some cryptocurrencies like SNX. As for bitcoins, one can earn up to 6.00-6.50%. As a guarantee, the Celsius platform is ISO certified and is the type of crypto wallet in which the platform/company holds all of the owner’s blockchain keys.

YouHodler

Another platform to steadily earn interest through crypto is YouHodler. This platform gives loan and Defi Lending. By opening a YouHodler savings account, an individual can earn up to 12% interest on crypto assets.

Interest is paid for the week. But there are some conditions to get the interest, such as keeping his crypto assets in the account for a whole week if he issues any kind of crypto assets in the middle of the week, when the interest is not paid to the person.

BlockFi

BlockFi also offers a service similar to and easily accessible to YouHodler. One can earn up to 9% interest on stable coins and around 5% on bitcoin. BlockFi is a licensed platform that operates in many parts of the world especially in the United States, 48 ​​states of the United States have allowed BlockFi to offer its services to holders of cryptocurrency. BlockFi uses a combination of Gemini storage and Aon-secured hot wallets.

nexus

With a savings account on the Nexo platform, an individual can get up to 10% interest on cryptocurrency holdings. The Nexo platform offers one of the best services in the sector as deposits in the Nexo platform are insured for up to $375 million and also has a partnership with BitGo which allows the owner to store his assets in cold storage wallets that have multiple levels of protection.