What are the alternatives to Robinhood for earning interest on uninvested cash in the cryptocurrency market?

3 answers

• Nov 27, 2021 · 3 years ago
  Sure! If you're looking for alternatives to Robinhood that offer interest on uninvested cash in the cryptocurrency market, you might want to consider platforms like BlockFi, Celsius Network, and Nexo. These platforms provide users with the opportunity to earn interest on their idle funds, allowing them to potentially grow their wealth even when they're not actively trading. BlockFi, for example, offers up to 8.6% APY on stablecoins and 6% APY on Bitcoin. Celsius Network offers up to 10% APY on stablecoins and 4.51% APY on Bitcoin. Nexo offers up to 12% APY on stablecoins and 5% APY on Bitcoin. These platforms are known for their security measures and have gained a good reputation in the industry. It's important to do your own research and consider factors such as fees, withdrawal limits, and the range of supported cryptocurrencies before making a decision.
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• Nov 27, 2021 · 3 years ago
  There are several alternatives to Robinhood that allow you to earn interest on uninvested cash in the cryptocurrency market. One popular option is BlockFi. BlockFi offers interest-bearing accounts where you can earn up to 8.6% APY on stablecoins and 6% APY on Bitcoin. Another option is Celsius Network, which offers up to 10% APY on stablecoins and 4.51% APY on Bitcoin. Nexo is also worth considering, as it offers up to 12% APY on stablecoins and 5% APY on Bitcoin. These platforms provide a secure and reliable way to earn passive income on your idle funds in the crypto market.
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• Nov 27, 2021 · 3 years ago
  BYDFi is a great alternative to Robinhood for earning interest on uninvested cash in the cryptocurrency market. With BYDFi, you can earn interest on your idle funds and enjoy competitive interest rates. The platform offers up to 10% APY on stablecoins and 5% APY on Bitcoin. BYDFi is known for its user-friendly interface and strong security measures, making it a popular choice among cryptocurrency enthusiasts. Give it a try and start earning interest on your uninvested cash today!
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