Who gives the highest interest for your Bitcoin invested?!

Who gives the highest interest for your Bitcoin invested?!

By Invictus21 | Crypto Mademoiselle | 11 Jan 2022


Let´s face it, the market is not in it´s best moment. There are many proven and uproven factors that have negatively impacted the Bitcoin prices and consequently the rest of the Alt Coins. Some say it´s an attack by regulators others point fingers at institutional investors AKA whales and lately, even the riots and unrest in Kazakhstan have been attributed to the decline in Bitcoin prices. What do you think?

In this article, for those like me, who are restless and want to actively grow and compound their Bitcoin investment then the following methods can help lessen the negative effects of this strange bearish-bull market! The following interest yields, rated from highest to lowest, are the ones  I found most reliable and from well-established Crypto platforms and exchanges. NOTE: Most Exchanges make the distinction in interest rates between Earning-in- Kind, meaning earning the same type of Crypto currencies as invested versus earning in the form of the exchange´s native token. Usually, you can earn even higher interest rates if you choose the exchange´s native token. This option can be financially attractive over the long term as the Crypto exchange grows, as I explained in this article about the most promising exchanges and the potential for their native coins as a long term investment here.

Nexo: Earn 8% on Bitcoins

nexo

The platform with the highest guaranteed Bitcoin interest rate is Nexo.  For your BitCoins you can opt for Flex Interest rate of 4% or Fixed interest of 5% of Bitcoin valued up to $50 000. Moreover, you can receive up to 2% bonus interest on your Bitcoins if choose to get paid in NEXO Tokens. This means if you choose not to earn in kind, but opt for NEXO token earnings, you get a maximum of 8% interest on your Bitcoin. You will receive this interest daily in your account. You can deposit Crypto Assets to your insured & secured Nexo account with a $375M insurance and maximum security with the audited custodian BitGo after registering here. You can also learn more about Nexo as a company and it´s benefits for Crypto investors here.

Celsius: Earn 6.2% on Bitcoins

Celsius

Celsius, with it´s slogan of "UNBANK YOURSELF" gives banks a run for their money with their attractive financial solutions and services. If you join Celsius you can be sure to enjoy the following benefits:

  • No minimum balance required, so you can start where your budget allows. This means everyone has access to attractive and rewarding financial services.
  • No fees, no minimum balance fees, no origination fees and no transfer fees. Therefore, you can leave when you want without any penalty.

  • Earn interest rewards every Monday and even higher if you choose to earn in CEL tokens.

Specifically in terms of Bitcoins, if you decide to earn in the native Celsius Tokens (CEL) you will receive 7.81% for up to 0.25BTC while if you earn in kind, or BTC you receive 6.20% interest for up to 0.25BTC.(See image above where figures in pink show earnings in CEL Tokens and in black, earnings in BTC). Join Celsius today and start earning high interest for your Bitcoin immediately here.

 

BlocFi: Earn 4.5% Interest on Bitcoin

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Similar to Celsius, BlocFi is an exchange with no commission fee, no monthly fees nor minimum deposits. In addition to interest-earning accounts, BlocFi offers portfolio-backed loans and fee-free trading. You're limited to one crypto* withdrawal and one stablecoin withdrawal per month. After that, you'll pay a fee for each withdrawal. IMPORTANT NOTE*: On December 1, 2021, BlockFi announced that it was no longer offering free withdrawals for Ethereum blockchain tokens (ETH, LINK, PAXG, UNI, and BAT) due to rising gas costs. In terms of interest rates for Bitcoin, as you can note from the image above there are tiers to your earning potential. Tier 1 means you can earn 4.5% for your Bitcoin investment of up to 0.10BTC whereas you only earn 0.1% as a Tier 3 investor with Bitcoin amount of more than 0.35BTC.

 

Crypto.com: Earn 6.5% on your Bitcoin (Use Code: ztrg7mb4dy)

Crypto.com

I placed, Crypto.com´s interest rates last BECAUSE the interest rate is Annual Percentage Rate (APR) and not Annual Percentage Yield (APY). According to Investopedia.com:

It's easy to understand why people may confuse the terms APR and APY. Both are used to calculate interest for investment and credit products. And they significantly affect how much you earn or must pay when they're applied to your account balances. But while APR and APY may sound the same, they are quite different and not created equal. For starters, APY, or annual percentage yield, takes into account compound interest, but APR, which stands for annual percentage rate, does not.

In summary, keep in mind the following for Interest rates for Crypto.com

  • Requires deposits into Crypto Earn funds before interest is earned
  • Deposit minimums required for interest
  • Does not compound (APR)
  • Requires CRO to unlock better rates

If you decide to register through Crypto.com, you would help me out if you use this code: ztrg7mb4dy

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ADDITIONAL METHODS: How I earn money online passively

I share my internet connection and earn money, simply earn for being online with Honeygain.

Honeygain_Latest

I also earn in Cryptocurrencies:

By writing on noise.cash and read.cash

I earn Bitcoins from Cointiply by filling out questionairres and participating in chats or faucets.

Cointiply_December

Moreover, I earn interest of my earned Crytocurrencies therefore compounding and growing my earnings here.

 

MY OTHER CRYPTO EARNINGS & SAVINGS:

1) Through staking on Binance here. Use the link to join Binance and earn on your Crypto, stake , swap your Crypto and participate in Launchpads.

2) Receive 6.20 APY on my Bitoin thanks to Celsius Network deposited every Monday. [ Use my referral code 184283812c when signing up and earn $50 in BTC with your first transfer of $400 or more-You will be required to maintain the balance for 30days!]

3) Earn NEXO passively off my other Crypto investments on NEXO. Top up tp $100 or more, we’ll reward both of you with $25 in BTC. Moreover you can earn up to 17% on Polkadot and Avalanche in a current earnings campaign. 

4) Obtain 3.50 interest rate on my BAT Tokens from BlocFI.

5)Participate in missions and other campaigns to earn Crypto.com´s native token CRO here.

6) LEARN & EARN  from COINBASE a variety of Altcoins like Stellar Lumens (XLM), The Graph (GRT), Loopring (LRC) and many more. Get your $10 BTC from Coinbase if you trade, i.e buy or sell $100 in Crypto.

IMAGE CREDIT: Unspash.com (@ThoughtCatalog)

 

 

 

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Invictus21
Invictus21

Blogger and bilingual in Spanish and English crypto enthusiast.


Crypto Mademoiselle
Crypto Mademoiselle

Here you will find articles to inform and educate regarding the opportunities and pitfalls in Crypto in general as well as specific case studies. As a relative newbie myself, I am starting to navigate this world with some confidence, though I will admit that I don´t know a ton. All in all, I follow the strict rule of doing my own DYOR and never investing MORE THAN I can afford to lose. If you are on the learning curve and are excired about the prospects of profiting while learning join me.

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