In April, I got about $20 interest on my HODL account.
This month, I got about $25 so it is definitely getting closer to my goal, $1 interest a day.
My HODLing mix is like 80% Bitcoin, 19% ETH, 1% USDC right now.
These are the interest rates on my account.
BTC: 6.0% APY
ETH: 4.5% APY
USDC: 8.6% APY
These are compound interest so the longer you HODL, the bigger interests you earn.
Bitcoin has been flirting with 10k resistance for a while but I think I am going to focus more on ETH and USDC next month and see how it is going to work out.
Hopefully it gets closer to my goal 🤞
If you are interested in BlockFi, use my referral here
source
You will get $10 bonus in BTC
Something to think about...
But there is always a risk involved though.
My funds were ok but BlockFi got hacked in May.
Is BlockFi safe? How secure is my funds?
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BlockFi is nice, but its recent security incident kind of upset me 😒
I know... that security breach scares me too...😬
To be honest, I love crypto as it enables you to use such DeFi services.
Happy compounding 😋
I am using BlockFi but I love DeFi! Aave, Compound, Ray, Uniswap... I like to play with them 😉
Never heard of BlockFi, I'm too cautious to lose cryptos now. I will give it a look.
I have been using BlockFi for 6-7 months. You can earn interest on your coins just to HODL them :)
Here is the interest rates
https://blockfi.com/rates
Thanks for sharing details @tomoyan
YW :)
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I am scared of where to put my crypto these days. but i will check it out