What are the best recurring deposit options for cryptocurrency investors?

3 answers

• Dec 25, 2021 · 3 years ago
  One of the best recurring deposit options for cryptocurrency investors is to use a decentralized finance (DeFi) platform. These platforms allow you to earn interest on your cryptocurrency by lending it out to other users. Some popular DeFi platforms include Compound, Aave, and Yearn Finance. By depositing your cryptocurrency into these platforms, you can earn a passive income through the interest generated by lending your assets to other users.
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• Dec 25, 2021 · 3 years ago
  If you're looking for a more traditional option, you can consider using a centralized cryptocurrency exchange that offers recurring deposit services. These exchanges allow you to set up automatic deposits at regular intervals, similar to a traditional bank's recurring deposit account. Some popular exchanges that offer recurring deposit services include Binance and Coinbase. By using these services, you can automate your investment strategy and earn interest on your cryptocurrency holdings.
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• Dec 25, 2021 · 3 years ago
  Another option for recurring deposits is BYDFi, a decentralized exchange that offers a unique recurring deposit feature. With BYDFi, you can set up automatic deposits of your cryptocurrency at regular intervals and earn interest on your holdings. The platform is built on the Binance Smart Chain and offers competitive interest rates. It's a great option for cryptocurrency investors looking for a decentralized and secure way to earn passive income on their holdings.
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