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Lend out crypto currencies for passive returns

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Did you know you can make interest on your Crypto currency holdings by lending them out? In this post and video I show you how I do this and why.


Why? Here are some of the reasons why I lend a portion of my crypto holdings.

Passive returns
Earning interest on your crypto currency holdings is almost just like any other loan. You don't have to actively trade to make a return on investment. Also if you hodle coins, this is a way to make some extra passive income on your holdings.High yields possible
Some coins offer at times extremely high yields, but most of the times just high yields. BTC can be loaned out at an average rate of 7% per year or more and the US-Dollar mostly above 20% annually.

Of course with high yields come higher risks, then with your average savings account. Basically there are two types of risks that you are opening yourself up to:

Counter party risk
- Lending out your crypto currency on an exchange means you will lose control over your private keys as you need to ho…