Investing in crypto has its risks, but if done right, its benefits outweigh all the risks that come with it.
Bitcoin was the first crypto coin and was launched in 2009. Its massive success prompted massive developments in blockchain technology. Some of its aspects inspired the newer alt coins such as Ethereum, Litecoin, and Solana, among others.
One of the least welcome aspects of crypto investing is the volatility.
Volatility is a completely natural aspect of new and emerging markets that are still relatively small. However, there has been of course a huge demand after less risky and less volatile ways to earn money that would still involve crypto.
You can employ several trading strategies focused on yield, but there is a lot of know-how involved.
Earning interest on a stablecoin will probably be a more attractive option for most crypto investors, at least as long as the rates are good.
Alt Coins Exchanges with Savings Accounts
There are plenty of platforms from where you can buy crypto coins. Most people use crypto exchange sites or apps. If you're a new user, you will need to sign up for an account. All you need for your registration is a valid email address and you're good to go.
Most crypto exchange platforms offer hot wallet services to their clients. However, some platforms such as YouHodler offer more than that.
Look for the savings account feature. At YouHodler, you get to earn free crypto from a usd coin interest rate of up to 12.3% per annum.
What is YouHodler?
Youhodler is a crypto exchange platform that offers crypto trading and crypto savings accounts.
A savings account in the crypto industry is a service that helps users hold their crypto assets for as long as possible.
Most crypto investors struggle with holding onto their savings for a long time. The crypto market is quite volatile, and as such, price dips often tempt investors to sell their crypto coins.
The idea of earning free crypto from your savings is too good to turn down. This is where YouHodler comes in to change the game. You do not need to sell your crypto assets if you're earning free interest, right? Other than offering free usd coin interest, YouHodler offers other beneficial services.
You can request crypto-backed loans from YouHodler. YouHodler deposits the fiat currency straight into your bank account in less than 24 hours after the loan application. Besides that, they also offer usdc lending, and you can also get a crypto loan. In all instances, your crypto assets are used as the loan security.
Most crypto investors rely on trading as the only means of earning profits.
However, there are plenty of other ways that you can leverage your crypto assets to earn more profit. In the crypto world, volatility is always high, especially for coins with high liquidity. However, you're using a platform like YouHodler, high volatility shouldn't be a cause of worry.
As a rule of thumb, make sure you do your research before investing in crypto assets.