Showing posts with label earn interest. Show all posts
Showing posts with label earn interest. Show all posts

The Market's Weird Reaction To Binance's "Earn While You Sleep" Announcement - Native Token 'BNB' To Pay 15% Interest...

I figured today's announcement of Binance's new lending platform would at least have fans, and investors of their native token BNB acting bullish.

Reason being - part of the announcement includes a pretty generous interest rate of 15% for BNB holders who participate, and allow Binance to loan their coins out for use in margin trading (I've seen some confused people asking today - and no, you don't risk losing them)

All signs pointed to a big day for BNB ahead, bring on the green...

Ahead of the announcement Binance's CEO 'CZ' was teasing his followers that a big announcement was coming today, so finding out was one of the first things on my list to things to do when I woke up this morning.  There it was...

"Earn Crypto While You Sleep" his tweet read.

Guessing the returns offered wouldn't be higher than 12%, I read the announcement and see it's actually 15%, impressive.

So my next thought was to see the bump this surely gave BNB.

While the response on Twitter was positive, the BNB chart for today wasn't...

BNB has already has a pretty unique track record of over-performing, having launched at possibly the worst time possible - Mid 2017 when Bitcoin was trading around $2500, still crippled following the big crash.  It's up 9000% since then.

So all this is worth at least 5.00% gains today, right?

Nope, hours later BNB is still just lingering around in the red, at time of publishing -1.22%

Sometimes, the market just makes no sense...

That's really my only point today.  Because when I saw 'big announcement coming' I considered loading up on BNB. 

When I read the announcement I was kicking myself for not doing it.

It turns out, I avoided a (small) loss... this crypto stuff is wild.

Author: Adam Lee 
Asia News Desk

YouHodler: USDT Savings Account Gives Users 12% Annual Profit with 0% Effort...

YouHodler, a FinTech platform that specializes in innovative crypto lending solutions and crypto/fiat conversion today released a USDT savings account, an entirely new feature designed for “HODLers” who will earn up to 12% profit per year with no risk involved. Available for all YouHodler clients, USDT Savings lets users deposit USDT into a wallet on the platform which YouHodler states will grow up to 12% per year.

YouHodler CEO Ilya Volkov states “We’re happy to follow our valuable customer's demand and make this additional step in order to build a “one-stop-shop” for all HODLer’s needs and a fully functional “crypto-fiat” Fin-tech platform. We’re always looking for innovative ways to improve and deliver creative crypto-fiat solutions. Client-inspired product development is such a key to the YouHodler story and we’d love to hear your ideas. So please reach out to us and share your thoughts!”

How to profit from a USDT deposit on YouHodler:

After logging in, users will see a new “savings” option in their personal wallets page. To deposit USDT into this account and start earning interest, the user will click “add funds.” After USDT is successfully deposited, the user will start earning interest on their deposit once the settlement period begins. Users can check how much interest they earn each day by navigating to the “Earned” section of their savings account.

After the settlement period ends, the interest earned will be deposited into the user’s savings account. Alternatively, users are free to keep their funds in the savings account for as long as they link to earn more profit.

For now, USDT Savings is in private mode (goes public Monday, August 19th). So until then, we have a Limited Offer. Please contact YouHodler customer support ( to request USDT savings and get your own, personal offer today.

Disclaimer: If the user will release funds from the savings account before the settlement period, the user will lose all interest earned during the uncompleted settlement period. (see Terms and conditions linked below).

YouHodler continues the productive streak with new releases:

The release of USDT Savings follows a month of productivity for the young startup featuring:
  • A newly announced mobile app for iOS and Android
  • An automated “Turbo Loan” process that lets users take up to 5 loans in one click
  • More tools that let users extend their price down limit, close an open loan on command and increase their loan to value ratio on an open loan.
A YouHodler debit card that’s compatible with the platform is also scheduled for release later this year.

About YouHodler:

YouHodler is a FinTech platform focused on crypto-backed lending with fiat (USD and EUR) and stablecoin loans, crypto/fiat and crypto/crypto conversions. YouHodler supports BTC, BCH, ETH, LTC, XLM, XRP, DASH, REP and other popular cryptocurrencies and tokens.

Link to T&C:

Information provided via press release
Distributed by Global Crypto Press Association Press Release Distribution for industry.

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