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Ideas of passive income on cryptographic currency



The cryptographic industry offers many income generating options, and financial companies offer various services to attract new customers. There are two types of passive income on cryptovite: fixed rate and floating rate. The advantage of passive income is low risks compared to trading, mining and other popular cryptographic methods.

P2P branding and crypto loans



Lending is a form of lending to traders. In the past, brokers used to lend to clients, but cryptorages went a different way: now traders can lend to other players crypto currency or stealcoins on collateral. In other words, you rent out your cryptovite and get interest for it. At the same time, crypto exchanges do not bear counterparty risks due to the volatility of the crypto assets, and the income comes from commissions. We wrote more about this method in one of our previous articles, so we will not dwell on this topic in detail, but only briefly describe it.

Crypto exchanges set a fixed amount of rates, which varies on average from 2% to 4% per annum. The main advantage of this method is that interest is charged every day or once a week. The actual yield will therefore be higher given the complex interest.

Crypto loans do not differ from leasing except for one factor: leasing is available on crypto exchanges and is only for trading, while crypto loans are available to a wide range of users. Another difference is profitability. Crediting allows obtaining up to 8% - 12% per annum.

Popular crypto exchanges that provide P2P-lending:

Binance;
Poloniex;
Gate.io.
Crypto loaning services:

Nexo;
BlockFi;
CoinLoan;
Celsius.network.
DeFi-Lending is a new type of credit provided by DeFi platforms. Such crypto loans are called flash loans. Interest rates are much lower due to the absence of risks and intermediaries: from 0% to 0.55%. All transactions are executed by atomic protocol and are fully automated. DeFi platforms on which flash loans can be issued:

Aave;
Maker;
Compound;
EOSREX.
Lifehak. Differences in interest rates provide opportunities for arbitration. For example, you can borrow Ethereum on Aave at 0.55% and borrow NEXO at 8% or open a deposit at Binance Crypto.com at 4% or Crypto.com wallet at 6% per annum.

 



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