Hi,

I have recently been reading about earning a passive income with Bitcoin. Among the different options I read, it seems that a low risk option is digital asset lending. So, I read and found that a few platforms such as crypto.com allow us to invest BTC and receive interest on a weekly basis. The APR values are not high (up to 8%).

My questions are:

Has anyone here tried the digital asset lending with BTC to earn interest and passive source of income?

Which platforms are reliable? Since lending BTC to these platforms would mean that they own the private keys. I would not be comfortable to lend for long periods of times such as 1 year.

Few platforms about which I read:

Celsius

Compound.Finance

DharmaLever

Crypto.com

Thanks.



Source link

Register at Binance