DEPOSIT YOUR CRYPTO! SIT AND WATCH IT GROW!
If you’re the kind of traditional investor who loves to play it extremely safe, this might interest you.
Over the last 3 years after the Bitcoin boom in late 2017, we’ve seen a lot of infrastructural growth as the crypto/blockchain industry has continued to take shape, making it easier for “not just” institutions, but retailers to equally come onboard.
The rapid increase in the rate of user-growth in the industry seems to be in correlation with the efforts made by industry pioneers and the ever-increasing Blockchain companies springing up to provide solutions.
The popular Blockchain.com Wallet just got better with a new “Earn Interest” feature, increasing the utility of the platform.
Now, with the Blockchain.com Wallet, you can deposit bitcoin and earn up to 4.5% annually (roughly 0.375%/month). Another good thing about this new feature is that there is no maximum cap on how much BTC you can deposit, whether 0.1 BTC or 1000 BTC.
However, the least amount you can deposit is $300.
You don’t have to do anything complex. Simply set it up using the “Earn Interest” feature once you log in to your wallet on Blockchain.com and watch your money grow.
Earlier in March 2020, the Wallet Provider introduced a “Borrow” feature which allows you to borrow USD Digital stablecoins against your Bitcoin, Ether, Bitcoin Cash, and Stellar.
This means that you can now borrow USD (USD Digital) by using your existing crypto as collateral, in a trustworthy and reliable platform. Note that Blockchain.com is far from the only reliable platform that allows you to borrow funds against your crypto holdings.
In just a few clicks inside your wallet, you can easily set up your loan and receive your USD Digital stable coin. Whether you want to use the loan to catch the next imminent trade, do business outside crypto that will yield you returns; that’s totally up to you.
With this “Borrow” feature, you no longer have to sell your crypto when there’s an urgent money-making opportunity.
However, note that you have to be verified at the “Gold Level” on Blockchain.com before you can enjoy these new awesome features.
Disclaimer: Digital currencies are not yet legal tender (backed by government or law). This means that regulatory changes or actions at the State, Federal or International level may affect the use, transfer, and value of digital currencies.
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