What are the different ways to earn interest on crypto with BlockFi?
Holcomb MitchellJan 20, 2022 · 3 years ago1 answers
Can you explain the various methods to earn interest on cryptocurrencies with BlockFi?
1 answers
- Jan 20, 2022 · 3 years agoOf course! BlockFi offers various methods to earn interest on your crypto. One way is by depositing your cryptocurrencies into a BlockFi Interest Account. This allows you to earn interest on your holdings, which is paid out monthly. Another option is to participate in the BlockFi Interest-earning Program, where you can earn interest on specific cryptocurrencies that are lent out to borrowers. Additionally, BlockFi also allows you to earn interest on stablecoins through their BlockFi Interest Account. So, whether you're a long-term HODLer or prefer stablecoins, BlockFi has options to help you earn passive income on your crypto holdings.
Related Tags
Hot Questions
- 98
What are the best digital currencies to invest in right now?
- 86
How can I minimize my tax liability when dealing with cryptocurrencies?
- 79
What is the future of blockchain technology?
- 77
How can I buy Bitcoin with a credit card?
- 74
How does cryptocurrency affect my tax return?
- 57
Are there any special tax rules for crypto investors?
- 51
How can I protect my digital assets from hackers?
- 49
What are the tax implications of using cryptocurrency?