Earning interest on the coins you HODL is becoming more popular as DEFI services gain more hype in the crypto sphere. Since your crypto sits in your wallet and doesn't do anything for you why don't you lend it out to borrowers who are guaranteed to payback? So I've made a list of the top 5 best lending platforms you can use.
1) Compound.finance
Compound is a defi project that lets you earn crypto on a wide variety of coins and tokens. It is non-custodial and your funds are managed by a smart contract. You can withdraw whenever you want from the smart contract.
2) Nexo
Nexo is a crypto company that lets you earn interest on your crypto. It's a custodial wallet and they control your funds but you can withdraw whenever you want.
3) Crypto.com
One of the biggest crypto companies and they even have a debit card. It's a custodial wallet.
4) Celsius.network
Is a custodial wallet that lets you earn interest on your crypto. They have a huge following on twitter and have their own token.
5)Aave.com
Aave.com is a defi project, just like compound, meaning it is non-custodial. You can withdraw whenever you want and you can see all kinds of earning rates depending on the coin you have.
You can also check this guide that let's you earn interest directly from your wallet https://read.cash/@thesatoshistore/what-is-defi-and-how-to-make-money-d47a33e0
You don't have to be this guy always chasing after your debtors fighting them to pay you your money when you see them drinking at a bar.
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Nive article.bi will do well to check those web site. Do they allow me mine cryptos on there website ?