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Can I earn interest on my digital assets with Cobo Custody?

avatarsohail imran khanDec 25, 2021 · 3 years ago3 answers

How can I earn interest on my digital assets with Cobo Custody? What are the options available?

Can I earn interest on my digital assets with Cobo Custody?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Yes, you can earn interest on your digital assets with Cobo Custody. Cobo Custody offers various options for earning interest, such as staking, lending, and yield farming. By participating in these activities, you can potentially earn passive income on your digital assets. It's important to note that the specific options and rates may vary depending on the digital assets you hold and the market conditions. Make sure to research and understand the risks associated with each earning option before participating.
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! Cobo Custody provides opportunities for you to earn interest on your digital assets. They offer staking services, which allow you to lock up your assets and earn rewards in return. Additionally, they have lending programs where you can lend out your assets to borrowers and earn interest on the loan. These options provide a way for you to generate passive income from your digital assets while they are securely stored with Cobo Custody.
  • avatarDec 25, 2021 · 3 years ago
    Yes, you can earn interest on your digital assets with Cobo Custody. Cobo Custody has partnered with BYDFi, a leading decentralized finance platform, to offer users the ability to earn interest through yield farming. By providing liquidity to various decentralized finance protocols, you can earn interest in the form of additional tokens. This allows you to maximize the potential returns on your digital assets while they are held in Cobo Custody's secure storage.