AskLeo - What's The Best Interest Paying App/Exchange You Would Recommend for Staking Stablecoins?

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Once everything goes mad and my coins will reach insane levels I will sell some of them into stable coins. It's probably gonna be mostly USDT, USDC or BUSD. I don't plan on waiting to nail the peak, but rather DCA my way out, if I will get out of the market entirely. I don't know that for sure yet.

The first thing coming to my mind when it comes to juicy profits I've been waiting for four years it's a damn nice car. I have been driving old ones for like forever. The current one is a 2004 Audi A4 combi/SW and although it's working flawlessly and took me to the sea this summer, done about 1,800 km in ten days with it the whole trip, I'd really like a better one.

I'd honesty love a coupe...

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image source

A really nice one also that I was thinking lately is a Volvo S60, it's about $12,000 second hand and the model that was produced as of 2010 is what I was thinking at. $12,000 is something I can't afford right now to be spending on a car... I will probably be in that position in a few months from now, but than again...

I was thinking, if I'm able to stake some $10,000 in USDT, or some other stable coin, I will probably earn $100 a month in interest and that's kind of my monthly bills, still having my $10,000 ready to buy back when there's blood on the streets, thus investing money feels more productive than spending it on liabilities. I haven't staked anything yet and I honestly don't know what the best staking option would be.

I could do that with HBD as well, but unfortunately HBD is not a stable coin yet and I am planning to stake stable ones. I feel more secure doing that, in case a multi year bear market occurs I don't to stare at a bleeding portfolio again, although my gut feeling tells me super cycle, which means we won't have our typical one-two years bear markets anymore.

If anyone has staked stablecoins so far and has an app/exchange to recommend, that's safe to use and also pays good interest, feel free to shill it. I want to know more about it and probably stake something, if it fits my needs and expectations. I've played a bit with the crypto.com app by the way, but the android version has some bugs. Will test it in that regard with some $100 probably to see how it works.

Thanks for attention,
Adrian

Posted Using LeoFinance Beta



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5 comments
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I am using Celsius and Blockfi. If you make Celsius account use email and password not Facebook or Twitter to log in, as they tend to give errors sometimes. Oh, wait, check this article:
https://www.publish0x.com/crypto-markets-and-marginal-gains/is-hodlnaut-the-winner-of-centralized-finance-cefi-xlzgwjg

You got the rate of main ones and you can compare.


Posted via proofofbrain.io

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Thanks. I guess I have a blockfolio account already
Will have to see what's their interest on staking.

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(Edited)

I am "lending" USDT at KUCOIN, which IMO is the best to get passive incomes

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Doing so, I can get 160 USDT monthly in a very easy way = 16% APR

If you are interested, would you mind to use my referral below?
https://www.kucoin.com/ucenter/signup?rcode=rJT6HNT

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16 apr is great. I believe I already have a kucoin account. If not, will use your referral.

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