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williamshennie9

Best places to Invest Crypto

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Hey guys :)

I am looking for places where I can park some crypto and earn interest, specifically, for the currencies used on Stake (ie. ETH, LTC, BCH, DOGE). Even if the interest is low, it would still be more beneficial to deposit my extra coins into a site that is willing to pay me interest. I already found a website, which is safe, which I use to get interest on my BTC, which is https://freebitco.in/?r=13789781 - It pays 4.08% annually, compounded daily, which is pretty good because the website is 100% trusted and secure, and that is what I am looking for, but for the other 4 currencies that I've listed.

I would prefer websites which have been around for a while, since they will be more trusted, and websites which are popular, and widely used.

Are there any websites which you personally use and trust to get interest on your balance? I'd love to hear and discuss what you use :)

Clean link: freebitco.in

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Yeah we know these freebit guys have been around for long time. But strangely I couldn't find a word about who they are, where they are registered and what guarantees they provide to secure depositors funds. I wish them and you best luck but sorry I need some more transparency. 

There's also a question why would somebody pay interest on crypto? In Fiat banks gladly pay because they earn higher interest from borrowers but it doesn't work that way with crypto yet. That's why I'm quite skeptical about this business model. 

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Ive been trying to find one myself, ive already invested in two different skem sites.. still being optimistic that i will find a legit one.. cause the one that did turn out as skem, for months before running off with everyones investment, i was using it for a while and was getting 1.1 percent profit of my invested, which i used to deposit to play... i was able to deposit atleast 2-3 times a week just from the profit itself.. now i have to keep using my pocket money! lol xD

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mmm i think you can do that in yabtcl but i am not sure 
the best thing to do it in is freebitcoin or just give loans with 5-10% daily interest ( but its riskier since some peoples are scums and they don't payback)  

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The best legitimate place I found to make interest on coins was on Poloniex.  It's an exchange that has margin and it allows you to loan out coins to other traders.

I lost faith in exchanges and had to give it up, but as far as I know it is still available.

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freebitco.in is a grea legitimate site for some decent slow and steady profit but over the last year alone, it's not really been worth it for the interest. But if you think about it, if btc went up all the time, not only would you be making a profit but you would be making profit on top with interest. No bank offers interest rates of 4% a year, normally around 0.75% - crypto can be a good investment if it's pumped well :)

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8 minutes ago, blueprints said:

Oh I always wondered about that interest on free bitcoi.in So you use it? I guess if like you had 1 btc. that .04 btc per year would be nice. or 10 btc would give you .4 btc per year 😮

That is right, they pay you on holding bitcoin and offer you compounded interest as a way of saying thank you for being with us. They are a great site to store bitcoin but there are many hackers there so make sure you enable 2fa at all times, that is so important. I was hacked twice there without 2fa and it's a horrible feeling. So I made a new account after my 10k roll (10000) and went from there. Free rolls can pay good but it takes 3 years to even come close to 10k on a roll :)

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On 2/9/2019 at 12:49 AM, DarkBlood069 said:

So I made a new account after my 10k roll (10000) and went from there.

So you've rolled a 10,000 before? I've been using the site for about a year now, and I've never rolled a 10,000. How long did it take?

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for now I no longer play in investments like this. because some time ago I was tricked by several sites under the guise of investment like this. because iming iming a big profit as a trap. 

but the site that you are using is a site that is very reliable because it's already quite a long time ago :)

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On 2/9/2019 at 2:38 AM, blueprints said:

Oh I always wondered about that interest on free bitcoi.in So you use it? I guess if like you had 1 btc. that .04 btc per year would be nice. or 10 btc would give you .4 btc per year 😮

The interest on holding is a feature for people with huge investments and huge balances like 10 Btc because if you go for investing a basic 100k Sats you barely get 100 Sats which is the worst. I'd suggest you to invest that in Eobot. 

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mmm i think you can do that in yabtcl but i am not sure 
the best thing to do it in is freebitcoin or just give loans with 5-10% daily interest ( but its riskier since some peoples are scums and they don't payback)

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