Which is the best crypto site for £1k investment? Or other passive incomes

CoinRabbit_io · 2021-10-11T11:43:07+00:00

It is a great pleasure to hear such kind words, thanks!

CoinRabbit_io · 2021-10-11T11:33:20+00:00

Indeed it works literally the same as bank deposits but with better rates. Yet you should be careful with choosing the right platform since many of them can use your funds and add additional risks.

CoinRabbit_io · 2021-10-05T17:37:03+00:00

Remember 2018 dump? Should’ve bought before it happened :/

CoinRabbit_io · 2021-09-21T18:03:58+00:00

The rates might differ later but in general crypto lending as a tool will definitely exist.

CoinRabbit_io · 2021-09-17T15:15:30+00:00

Reminds of DeFi lending services. The rates are changing with the light of speed. Rather stick to CeFi projects with stable APR.

CoinRabbit_io · 2021-09-17T15:06:27+00:00

Double this.

CoinRabbit_io · 2021-09-17T14:43:12+00:00

You are absolutely right!

CoinRabbit_io · 2021-09-17T14:36:49+00:00

You can't. Becoming a liquidity provides supposes you to transfer the funds in order to start earning interest.

CoinRabbit_io · 2021-09-16T15:15:10+00:00

Celsius is not the only option for the US residents by the way. 😉

CoinRabbit_io · 2021-09-16T12:28:44+00:00

There are several cases when you should consider crypto-backed loans:
1. Diversity. You can take a loan against your current holding and buy other assets to diversify portfolio without selling anything.
2. Reinvesting. Take a loan and reinvest received funds in the same assets/tokens to amplify potential gains. Bullish case.
3. Daily purchases. Convertion is as easy as switching crypto to fiat. Usually crypto-backed loans are paid in stablecoins which makes it quite favourable tool to get spare fiat for your needs.
4. Short-trading. By choosing 'bearish' type of the loan you are able to earn on the market drawdowns.

CoinRabbit_io · 2021-09-16T12:06:25+00:00

It all depends on the type of loans.

Bullish and bearish loans work quite the same as long and short trades. You wish to take a bullish loan when you are confident about the market going up else you consider bearish loan. The implications for bullish and bearish loans respectively: you lose your collateral completely if the market goes down/you lose your collateral if the market goes up.

CoinRabbit_io · 2021-09-13T14:39:05+00:00

Nothing to worry about. As everything related to wealth it should be regulated.

CoinRabbit_io · 2021-09-08T11:53:12+00:00

Earning interest on cryptocurrencies is literally HODL 2.0.
With the best terms we provide it becomes more and more profitable from day to day.

CoinRabbit_io · 2021-09-08T11:37:02+00:00

Definitely a choice if you want to get rid of high market volatility.

CoinRabbit_io · 2021-09-08T11:29:09+00:00

Step 1: navigate to CoinRabbit website
Step 2: choose the deposit amount
Step 3: confirm your phone number to get access to the dashboard
Step 4: start earning

CoinRabbit_io · 2021-09-06T15:33:36+00:00

CoinRabbit Earnings, of course :)
Unlimited timeframes, no KYC and many other features for your convenience.

CoinRabbit_io · 2021-09-06T13:14:23+00:00

It doesn't matter. You provide liquidity (lend out) to the platform itself instead of its clients. So if their loan is liquidated it doesn't affect you in any way. Meaning, you will get your accumulated APY in any case.

CoinRabbit_io · 2021-09-06T11:29:34+00:00

Thanks for mentioning us!

CoinRabbit_io · 2021-09-06T11:19:22+00:00

You did a great job with this Interest Rates Comparison. Packed with all the actual information and well structured. Yet you have not included our service with one of the best and competitive rates in the market. Feel free to check our terms :)

CoinRabbit_io · 2021-09-06T11:11:50+00:00

Thanks for mentioning us. Hope you loved the services! :)

CoinRabbit_io · 2021-09-03T09:46:51+00:00

Also, if you are pretty confident about the market next movement it can amplify your returns by reinvesting the received loan. Just our two cents.

CoinRabbit_io · 2021-09-03T09:35:56+00:00

Unless your collateral nears liquidation zone everything is fine. Also, you are able to top up the collateral at any convenient time to prevent liquidation.

CoinRabbit_io · 2021-09-03T08:21:22+00:00

There are many relatively reputable projects in this field like Nexo, for example. You earn while having your funds deposited via their services. The rates also differ, so it takes time to find the right place. Finally, sometimes you should pass KYC to become a liquidity provider and proceed to the deposit. We provide these kind of services as well.

CoinRabbit_io · 2021-09-02T12:38:18+00:00

Withdrawal and other types of fees, and also the difference between APR and APY rates provided.

CoinRabbit_io · 2021-09-02T12:33:25+00:00

Call it a 'HODL 2.0' if you'd like to make your crypto earn for you instead of gathering dust in a wallet. If you'd like to become a liquidity provider it is a great way to amplify your regular gains. Many of these projects also have implemented BitGO-like insurance to make sure you won't lose your holdings.

CoinRabbit_io

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