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Passive Income Ideas: Crypto Lendings and Interest Rates

By tomoyan | tomoyan | 7 Apr 2020


I think a lot people received Brave Rewards (BAT) yesterday, and it was Monday so some people had a nice payday from Publish0x :)

What are you going to do with your tokens?

You can cash it out, trade it, stake it or save it?

If you are going to save, you should earn interests on your token while saving them.

Cred

  • BAT: ~3.00 %

Celsius Network

  • DAI:  ~7.25 %

Crypto.com

  • BAT: ~6.00 %
  • DAI: ~1.00 %

DeFi options

If you don't want to sign up to bunch of other services with your personal info, DeFi (Decentralized Finance) is a good option since there is no KYC (Know Your Customer). You can just use it, no sign up required.

Coinbase Wallet

  • BAT: ~0.24 %
  • DAI: ~0.35 %

Aave

  • BAT: ~0.56 %
  • DAI: ~1.09 %

Compound

  • BAT: ~0.35 %
  • DAI: ~0.25 %

Nuo

  • BAT: ~1.70 %
  • DAI: ~17.9 %

Coinlist

(sign up required 😅)

  • BAT: ~1.00 %
  • DAI: ~2.40 %

I was going to try Cred Earn since it is kind of integrated into Uphold already...

But I am going to trade my tokens to USDC (USD Coin) and...

Deposit to BlockFi

blockfi

source

BlockFi recently adjusted BTC interest rate and increased it to 6 % so this is a good options too.

BlockFi Interest Rates

APYs

Their interest rates on stablecoins, USDC, GUSD, PAX are all 8.6 %

BlockFi just tweeted today 4.5 % on ETH

I have been saving on BTC, ETH, and USDC, and my interests are about $0.50 a day, and they pay out the interest every month.

interests

 

New Refer A Friend Program

refer a friend

source

BlockFi is going to start a new program starting next month (May 1st, 2020).

Current referral program, you and your friend will get $10 in BTC, but they are going to have a level 2 referral.

You will become level 2 after referring 5 friends, and you will get $20 in BTC so you should get started and get ready to refer your friends.

More details on referral program is here.

sign up

 

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tomoyan

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tomoyan
tomoyan

Crypto DIYer - tomoyan.github.io


tomoyan
tomoyan

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