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

YouHodler Adds the Largest Decentralized Stablecoin to its Platform..

YouHodler Adds Dai
YouHodler, the rapidly evolving FinTech platform is pleased to announce that it has listed Dai, the world’s leading decentralized stablecoin. Built on the MakerDAO system, Dai lives completely on the blockchain, making it borderless and available to anyone, anywhere.

“We believe stablecoins and their attributes are essential for the positive development of the industry,” said YouHodler CEO Ilya Volkov. “Having the Dai stablecoin on the platform will introduce our communities to all the benefits that the largest decentralized stablecoin can bring. Users will also create an additional utility for Dai, using it for high-yield savings accounts and for loan repayments. Thus helping Dai expand to new sectors of the crypto community.”

The listing sees YouHodler offering a Dai wallet for secure storage, Dai exchange between fourteen coins, five stablecoins, and four fiat currencies on the platform, Dai as a payment method for YouHodler’s crypto-backed loans and a Dai Savings Account where users can earn 12% APR with weekly payouts.

“Integrating Dai to YouHodler creates more opportunity for people around the world to explore the benefits of DeFi and Dai,” said Gustav Arentoft, Head of Business Development for Europe for the Maker Foundation.

Unlike centralized and fiat-backed stablecoins on the market, Dai is backed by cryptocurrency and decentralized. With over 550 live Dai integrations, the Dai stablecoin is one of the most popular and recognized in the industry and its numbers continue to grow. The first iteration of Dai (currently now Sai) was launched in December 2017. Two years later in November 2019, the current Dai system came to be which includes a variety of new features such as the Multi-Collateral Dai (MCD) and the DSR features which allow Dai users to power their financial activities more efficiently.

MakerDAO has a good reputation in the crypto community as it received investments from the industry’s top funds like Andreessen Horowitz, Polychain, and Dragonfly Capital. MakerDAO joins the company of other top projects like Huobi, Paxos, and ChainLink that were added to YouHodler in the past month.

About YouHodler
YouHodler FinTech platform is focused on crypto-backed lending with fiat (USD, EUR, CHF, GBP), crypto (BTC), and stablecoin loans (USDT, USDC, TUSD, PAX, PAXG, Dai), crypto/fiat and crypto/crypto conversions, as well as high-yield saving accounts. YouHodler supports BTC, BCH, BNB, ETH, LTC, XLM, XRP, DASH, REP, and other popular cryptocurrencies and tokens.YouHodler is an active member of the Blockchain Association of Financial Commission and the Crypto Valley Association. Customers are protected by the independent Financial Commission’s efficient dispute resolution process.

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Information Provided via Press Release
Distributed by Global Crypto Press AssociationPress Release Distribution for industry.



Earn Interest On Cryptocurrency: Relax and Collect Profits By Simply Depositing Coins Into A Crypto Interest Account...

Blockfi review of earning interest crypto
Earn Interest On Cyptocurrency - and it's nothing like the offers you've heard from the old traditional banking industry. 

At the time of publishing, according to Bankrate the best you'll do from a banker is 2.15% - seriously, that's the best the traditional finance world can do.

With that in mind - let's look at BlockFi's new interest earning cryptocurrency options.

Blockfi interest rates are up to 8.6%...

With support for cryptocurrencies like Bitcoin, Ether, Litecoin, USDC and GUSD. Just store your crypto at BlockFi and earn - paid out Bitcoin, Ether, Litecoin, USD Coin and Gemini Dollar every month.

What do they mean by 'every month'?

It means you can spend the interest you earned every month, even if you plan on leaving your coins in your crypto interest account for an entire year. 

No waiting until the end of that year to get your profit - you receive a monthly payment along with the option to add it to your balance at 
BlockFi - so you begin earning interest on your interest.

Compounding interest...

This is the way to maximize profits.  Imagine you put in $10,000 and from interest payments you now have $10,800.  Your next payment will be based on that $10,800.

So as your balance goes up, the amount you earn in interest goes up. 

The numbers just keep getting bigger!

Everyone qualifies! No minimum balance required!

You may have seen others offering something similar, but then saw they require a large minimum balance to be kept.

There's no minimum balance requirements at BlockFi!

Will my crypto stay accessible?

Yes!  Our team here uses it like a wallet, you earn on whatever is in there - but you can deposit and withdraw your crypto whenever you want.

Note that they say withdraws may take up to 7 days, so far we've always gotten ours within 24hrs.

The best way to find out more is to head over to BlockFi and sign up for free!  Deposit some crypto and you're happy with the results, grow that account as much as possible!

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Oscar Wyland
UK News Desk
CryptocurrencyLoaningBlockFi Review