What are the interest rates offered by BlockFi and Celsius for lending my cryptocurrencies?
namialusDec 25, 2021 · 3 years ago3 answers
I would like to know the interest rates offered by BlockFi and Celsius for lending my cryptocurrencies. Can you provide me with the current rates for both platforms?
3 answers
- Dec 25, 2021 · 3 years agoSure! BlockFi offers competitive interest rates for lending your cryptocurrencies. The rates vary depending on the specific cryptocurrency you want to lend and the duration of the loan. For example, as of now, the annual interest rate for lending Bitcoin on BlockFi ranges from 4% to 7.5%, while for Ethereum, it ranges from 3.25% to 6%. It's important to note that these rates are subject to change based on market conditions. Make sure to check BlockFi's website or contact their customer support for the most up-to-date rates.
- Dec 25, 2021 · 3 years agoWhen it comes to Celsius, they also offer attractive interest rates for lending your cryptocurrencies. The rates are determined by the demand and supply dynamics of the lending market. As of now, the annual interest rate for lending Bitcoin on Celsius ranges from 3.51% to 6.20%, while for Ethereum, it ranges from 3.51% to 6.20%. These rates are subject to change as well. You can find the most recent rates on Celsius' website or reach out to their support team for more information.
- Dec 25, 2021 · 3 years agoBYDFi is another platform that offers competitive interest rates for lending your cryptocurrencies. They have a wide range of cryptocurrencies available for lending, including Bitcoin, Ethereum, and many others. The interest rates offered by BYDFi are determined by market conditions and can vary over time. It's always a good idea to check their website or contact their customer support to get the most accurate and up-to-date information on their current interest rates.
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