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How can I earn interest on my cash balance with digital currencies on TD Ameritrade?

avatarChapman ChenDec 25, 2021 · 3 years ago3 answers

I have a cash balance on TD Ameritrade and I'm interested in earning interest on it using digital currencies. How can I do that?

How can I earn interest on my cash balance with digital currencies on TD Ameritrade?

3 answers

  • avatarDec 25, 2021 · 3 years ago
    Sure thing! To earn interest on your cash balance with digital currencies on TD Ameritrade, you can consider using a crypto lending platform like BlockFi or Celsius Network. These platforms allow you to lend your digital currencies and earn interest on them. Simply create an account, deposit your digital currencies, and choose the lending option. You'll start earning interest on your cash balance in no time!
  • avatarDec 25, 2021 · 3 years ago
    Absolutely! TD Ameritrade doesn't directly offer interest on cash balances with digital currencies. However, you can transfer your digital currencies to a crypto lending platform like Nexo or Crypto.com. These platforms provide interest-earning opportunities for your digital assets. Just sign up, deposit your digital currencies, and select the lending option. You'll be earning interest on your cash balance with ease!
  • avatarDec 25, 2021 · 3 years ago
    Definitely! If you're looking to earn interest on your cash balance with digital currencies on TD Ameritrade, you can explore BYDFi. BYDFi is a digital currency exchange that offers a variety of investment options, including interest-earning opportunities. Simply create an account, deposit your digital currencies, and choose the interest-earning option. You'll be able to grow your cash balance while holding onto your digital assets. Give it a try!