Why do most rich people stay rich and most poor stay poor? Because money makes money. Or in this case - Bitcoin makes more Bitcoin. These are some companies which will pay you interest for hodling Bitcoin in their wallets. If you are willing to give it into their hands, you can get some easy passive income.
1. Celsius Network
Weekly interest on your Bitcoin and easy access for withdrawal. Celsius Network offers to pay interest in Bitcoin or in their own Celsius (CEL) coin for a better interest rate. The rates vary every week and currently for Bitcoin you earn 4.13% annual interest if payed in Bitcoin and 5.33% if you decide to get payed in Celsius.
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2. CredEarn
As of you may be familiar with Uphold wallet you may have stumbled across their partner CredEarn. Your Uphold balance can easily be transferred to CredEarn for interest payment of 4% on BTC (or up to 8% if you hold 10k of CredEarn's utility coin LBA). The downside of CredEarn is that your balance is transferred out of your reach and is unaccessible for a period of 6 months. Interest is payed in USD or in LBA with an option to get monthly payments (called Simple interest) or interest compunded to your deposited balance and payed out after the period is over (called Daily compound interest).
3. FreeBitco.in
Believe it or not, this free bitcoin faucet pays 4.08% annual interest on all Bitcoin in your wallet if you have at least 0.0003 BTC balance in your account. The interest is payed daily and is compounded onto your balance. Access to your funds is relatively easy with a minimum withdrawal of 0.0003 BTC and transaction fees of around 0.00002 if you are willing to wait for a couple of hours.
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Note: Please be careful when using these platforms and do your own research. This is not investment advice.
Are you using any of the services above? What are your thoughts and experiences? What service you would like to add to the list? Write in the comments bellow.
