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At Bitcoin Market Journal, we invest in crypto tokens as if they were stocks. While there are important differences between the two, we analyze crypto “companies” like traditional companies, and diversify our investments with a mix of both. More on our approach here.
Key Takeaways:
Filecoin is the leader in decentralized storage: it remains far ahead of its peers, particularly in terms...
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Evolving cryptocurrency markets make it easier for investors to perform quick transactions with minimal fees. However, crypto’s volatility can make it difficult as a payment gateway, leading to hesitancy among investors.
Stablecoins help solve this problem, protecting against crypto’s volatility. Stablecoins are tied to an underlying asset and are designed to maintain a fixed value, called a peg. So, unlike other...
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If you’re looking to earn interest on your crypto – like earning interest in the bank – you’ll likely want to do it through a crypto lending platform. Here are the best rates as of June 2024:
BTC
WBTC
ETH
USDT
DAI
USDC
Nexo
7.00%
–
8.00%
16.00%
14.00%
14.00%
Crypto.com
5.00%
–
5.50%
5.20%
6.50%
–
Coinloan
6.00%
6.00%
7.00%
9.20%
9.20%
9.20%
Binance Savings
0.28%
–
1.50%
3.85%
3.09%
4.32%
Youhodler
9.00%
–
9.00%
18.00%
18.00%
18.00%
Aave
–
0.09%
2.05%
4.08%
4.97%
4.56%
Compound
–
–
–
–
–
–
Mango
–
–
–
–
–
–
What is Crypto Lending?
In the traditional banking system, you keep your money in a savings account, and the bank uses your money to...
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Crypto staking has continued to explode in popularity, as investors can earn more interest (also called “yield” or “rewards”) on their crypto, by staking the most popular Proof of Stake tokens. As you can see below, the interest rates far exceed those of traditional banks.
(If you’re just getting started, see our Guide to Staking Crypto here.)
Most investors want to know...
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USDC
USDT
DAI
ETH
WBTC
Aave
4.56%
4.08%
4.97%
2.05%
0.09%
Learn more
Compound
-
-
-
-
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Learn more
Coinbase
5.20%
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-
-
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Learn more
Vesper
2.99%
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0.37%
4.60%
0.05%
Learn more
Top DeFi Platforms by Loans
Here are the top DeFi platforms by active loans, so you can get a sense of their relative strength:
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Leading DeFi Lending Rates
We track the best interest rates paid to depositors at five leading DeFi protocols. Here’s...
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Key takeaways:
Centralized crypto lending platforms like Nexo and Youhodler offer relatively higher yields and low fees but come at the cost of custody of your funds.
Centralized exchanges like Binance offer diverse lending and yield farming options for USDT but have lower yield potential.
DeFi lending protocols like Aave and Compound give you full control over your funds and often have no...