I love hanging out at the Discord channel run by Hodlnaut these days. People are friendly and generous with their knowledge; there’s never a dull moment, and the crypto topics run the whole gamut from multi-factor authentication to NFTs to crypto lending platforms.
1) El Salvador made global headlines for being the first nation in the world to accept Bitcoin as legal tender. Other countries are regrettably not as fast moving but Colorado recently announced that it would accept cryptocurrency as payment for state taxes and fees, thus gaining the bragging rights as the first state in America to do so. Similarly, Lugano, a city in Switzerland, pledged to do the same by making Bitcoin legal tender and enabling citizens to pay for their taxes via Bitcoin.
2) For those eager to open an account with Celsius, note that you can stack a referral code as well as a HODL code. Remember to deposit enough to fulfill the requirements for both codes. Also, code order matters a lot for celsius, so double check with someone before you enter them into the app.
3) Speaking of HODL codes, AVAX may just be the token to boost your portfolio gains as it is incredibly versatile, taking on the form of multiple financial instruments like equity, debt, bonds, real estate and even NFTs. Since users can now earn and borrow against their AVAX on Celsius, you may wish to deposit $500, $5000, and/or $20000 worth of AVAX and hold them on Celsius for 90 days to secure bonuses of AVAX20, 150, and 600 respectively.
4) For those of us new to crypto.com (also informally known as CDC for convenience-challenged netizens who don’t want to keep typing its full name), it’s worth noticing the distinction between its Earn and Supercharger programs. The former allows you to get a fixed return while the latter is dependent on who entered as you will get a split amount from the pile.
5) You can purchase cryptocurrency on Robinhood but be wary of the fact that you don't get to custody your own crypto. Robinhood doesn't let you withdraw your crypto to a Ledger or anywhere else for that matter.
6) Midas is a crypto lending platform that offers impressive interest rates. It has a registered address in Switzerland. Also, it has an intriguing buyback system for its platform token, $MIDAS. What happens is that it will analyse all the payouts made to investors across all coins and tokens before subsequently initiating a 10% Payout Split to the $MIDAS market. This ensures a steady stream of demand for the $MIDAS token.
7) Nexo might have halted its interest on new deposits for new clients recently but it has also upgraded to one address for all ERC-20 tokens. Using just one address for the Ethereum blockchain promises to make life so much more trouble-free for crypto users.
8) Hedera (Hbar) is a distributed ledger technology that has been described as an alternative to blockchains. Hbar is currently up over 2100% from its all time low in January 2020! And no wonder. Its governing organisations comes across as a list of who’s who in the financial world, including Google, IBM, Chainlink Labs and a Singaporean bank called DBS.
9) Speaking of Chainlink, a high-risk, high-reward Drip Network available on BSC, - an investment that pays you back 1% of your investment every day up to 365% each year - will partner with Chainlink Labs this March/April onwards.
10) If you want a low-cost crypto to facilitate your transactions, Nano could be right up your alley. Crypto.com offers Nano. You can also download Natrium app (a Nano wallet) to test the network.
