Author: misamaliraza94
-
How forked coins can be claimed as dividends
Another potential benefit of cryptocurrency ownership is the fork. Traditional companies use dividends to distribute a share of profits to its shareholders. Cryptocurrencies have no corporation controlling them, and instead of shareholders there are simply people who own the currency and support the underlying blockchain. But even though cryptocurrency networks do not operate as publicly…
-
What`s an airdrop?
Since 2012, the number of cryptocurrencies in existence has multiplied and there are now thousands of digital currencies on the market. These include tokens – a type of cryptocurrency that can be created and issued by anyone using a particular blockchain. Ethereum, for example, is the second largest cryptocurrency after Bitcoin. Like Bitcoin, it runs…
-
Earning from owning
If you’ve bought your first cryptocurrency and stored it in your wallet, congratulations: you’re officially a crypto user and part of the community. You’re already ahead of the curve, in adopting an invention that most of the world has yet to experience. Of course owning has its own set of risks, as the cryptocurrency you…
-
What you`ll learn
What you’ll learn Why crypto relies on users to organically increase adoption The benefits of engaging with emerging crypto communities The concept of an Airdrop & why they are used How airdrops work & how to participate
-
How to choose the most reliable earning platform
With so much choice, it can be difficult to make up your mind about which protocol to use. Like anything, it is a matter of weighing up the risk and having a clear goal in mind. Naturally, the least risky options are the more established platforms that insure customer funds. Generally speaking, this means centralized…
-
Decentralized earning platforms
Compound Compound is an algorithmic, autonomous protocol backed by Coinbase. The difference is that interest rates are “floating,” meaning they fluctuate constantly according to supply and demand. A range of tokens are supported including ETH, DAI, UNI, BAT and WBTC, with the best APY at present 9.8% for USDC. dYdX dYdX supports many of the same assets…
-
Centralized earning platforms
Crypto.com Crypto.com is a user-friendly platform that offers some of the best rates in the industry. An assortment of crypto tokens are supported, with interest paid weekly in the staked asset. Annualized rates of 1.5%, 3% and 4.5% are offered on cryptos locked on a flexible, one-month, or three-month basis, while supported stablecoins offer respective rates…
-
Top crypto earning rates and providers
One of the biggest attractions of crypto’s yield-bearing products is that they offer higher interest rates than banks. On the face of it, this sounds like great news but remember interest rates are the price of money, or put another way, the rates reflect risk. There is price volatility; even the most liquid cryptocurrencies (Bitcoin,…
-
Choosing between Hard vs Soft Staking
The choice between Hard or Soft Staking comes down to the trade-off between the flexibility of access of Soft Staking vs much the higher rates but constraints of a lock-up period. If you opt for Hard Staking and the asset you have staked appreciates over the lock-up period you win twice – higher interest plus…
-
CEFI and the Concept of Staking
All crypto-earning CEFI products require users to “stake” their digital assets in order to earn interest. Staking is the equivalent of depositing, it comes in two forms Soft Staking and Hard Staking, each with different strings attached weighed up against associated benefits. Soft Staking – Funds can be withdrawn at any time, with compounding interest paid…