Since a few years now I am checking out viable and safe options how to make some interest on the top of the cryptos I have.
I am a long term crypto investor, not looking to daily charts, I have around 5% of my assets mostly in BTC.
I hear since 1-2 years already about the saving accounts in crypto, but I did never trust any of the news in such a way so I would give my cryptos to any of these companies. I used exchanges to buy Crypto from CHF, but then I was moving out the assets to cold wallets.
Now after a few months of further checks, questions and usage, I found a platform I can use.
My scenario: buy crypto for long term, as some kind of diversification to my stock-dominant portfolio.
How this works: I transfer my coins to this platform, I get a daily interest, which is paid out every week. My current BTC brings above 5% per year in BTC, I also have other coins, even USDC on 8%+ p.a. (dollar bound stable coin, as I did not want to use Tether anymore), so also my “cash” is more inflation proof. There are also gold-bound coins, which one could use to have some gold in the portfolio, which also brings some interest. I would say that at least a few months one should use the platform prior cashing, cryptoing out, so the transfers from CHF to crypto and back are clearly worth it even without an exchange rate increase.
If you have any questions, feel free to ask. I am open for discussion. Why I am wrong? What should I consider, etc. Interested about your experience.
Probably the most relevant question, why do I trust these guys now if I am so cautious? It is because I followed the company, the blog, the life of the owner of this company for more than 4 years now (at that time there was no company yet, just a technical blog where this guy discussed mostly about the technical aspects of the blockchain technology).
I do not say there are no risks with this, or in general with crypto, but this guy is not a scam creator that is sure :D. He is a super technical, well-thinking software engineer, who understands the economy as well. A crypto-pioneer. So I transferred my assets to him. Let`s see what is you opinion :).
Do you use any similar platforms, solutions?