As the market drifts and consolidates, for now is the best time to think about how to continue to make long-term profits. A common strategy that people have started looking for is the idea of generating passive income. Whether through the yield cultivation process or otherwise, there are plenty of great ways to continue to make a profit from your crypto assets while working on other aspects of your day-to-day life.
Nebeus takes the concept of earning in crypto and puts his own spin on it through his crypto rental programs. The way it works is simple: just rent Nebeus your Crypto and earn up to 6.75% interest per year on your Bitcoin or Ethereum. They will even pay you in euros every 24 hours.
How exactly does all this work? Read on and we'll break it down for you.
Why rent your crypto?
While the market may not look as lush as it did at the beginning of the year, many people everywhere still intend to hold onto their cryptocurrencies for the long term. While this is generally a decent strategy, in the long run, it will take quite a while for the value of Bitcoin and other cryptocurrencies to rise again. Until then, it may seem like there isn't much to do with your digital assets. With this misconception in mind, a good number of people continue to hold or hold their assets in HODL, whether in hot or cold wallets.
This is where renting your crypto comes in. With the rental programs criptomonedas of Nebeus , all you have to do is open an account on the platform directly to rent your cryptography Nebeus and start getting monthly cash returns. In other words, you will be able to earn passive income without having to sell your digital assets.
To ensure your travel is safe, Nebeus also uses industrial-grade cold storage for its crypto assets. That way, you can be sure that they won't be at risk of malicious attacks.
In the meantime, you can also use your other remaining digital assets to test the other Nebeus services. These include your crypto-backed loan , exchange, and even insurance for digital assets .
How does it work?
Cryptocurrency rental works like any other rental business. For example, someone who wants to use a vehicle of yours or a property would pay you a sum in exchange for that use. In the case of Nebeus, you will rent your cryptocurrencies to Nebeus for a predetermined period of time, depending on the rental program you choose. The details of this are written below. As this happens, Nebeus will pay you for the use of your cryptocurrencies.
The arrangement is slightly similar to that of a crypto savings account. However, instead of depositing your funds into an account and earning an annual interest rate, you will rent your crypto assets. This means that you will sign a rental agreement with Nebeus and earn money in the form of a monthly or daily payment based on an annual percentage rate.
Types of programs available
Nebeus currently has two cryptocurrency rental programs available for you to choose from. These are Juniper and Sequoia plans, respectively.
The Juniper plan
For people who keep a smaller amount of crypto assets or just want to try Nebeus rental programs, the Juniper plan is a good option. In exchange for renting your crypto, you will get a payment of 3.5% per annum. All you have to do is rent a minimum of 0.0025 BTC or 0.03 ETH for a minimum lock of one month.
The Sequoia plan
On the other hand, if you have more funds to spare, you might also consider using the Sequoia program. The program offers users a 6.75% return on their cryptocurrency rentals. However, you will need to rent a minimum of 0.12 BTC or 3 ETH for a minimum lock of 4 months.
The maximum rental period for these programs is 36 months, and if you open a long-term program, you will be able to withdraw your fund at any time after the lockout period. When your program ends, your assets will be transferred back to your main Nebeus account automatically.
Regardless of the program you choose, your trip with Nebeus will be perfect. All you have to do is sign up for an account and follow the simple steps to start a rental program.
There are also no rental fees and there are no limits, so you can deposit as many cryptocurrencies for rent as you want.
How do I start?
Head over to Nebeus.com/crypto-renting first for a quick look at what the programs offer. Then when you're done, navigate to the registration page to create a Nebeus account. After that, you will have to verify your identity by entering your details, such as your name, address, and a selfie, for KYC purposes. Once everything has been settled, you can start choosing your rental programs and offering your crypto assets for rent. Then you can also choose your rental period, which will determine the amount of profit you will make from your cryptocurrencies.
It's as easy as that. If you're a beginner, don't worry too - Nebeus prides itself on customer service and has a team that is more than happy to help you if you have any issues along the way.
Summary:
With another innovative service, Nebeus continues to take steps to help bridge the gap between crypto and fiat currencies. Whether you are a casual investor or someone who is a serious cryptocurrency holder, Nebeus rental services are definitely something to try.