So not only is btc a good store of value u can earn interest on your bitcoin holdings. I'm holding btc and eth and gaining daily interest 3.8% apr on the exchange. Hotbit.io I am also doing defi farming on these holdings. So Additional gains about 9% apr.
The exchange in the subject is not the only crypto site that offers a dividend to those who stake or invest certain supported crypto for this feature but I want you to know that they are doing this to encourage you, so you can keep your holding in their platform instead of your personal wallet and if you examine deep about the approach, nothing makes them different from a traditional bank.
Yeah, that's interesting one. They are indirectly telling us to hold the money in their wallets so that the demand would be created for those coins and thus they will have less supply eventually and more demand with increase in the prices as a result. The price, as such depends on various factors but demand is something that drives the peeps holding or investing that coin. DeFi projects got sudden attention when they first came out in the market as an alternate investment to the traditional holding of btc's or other coins. That's one of the reason they are taking amazing course in the field of crypto.
I am very much trusting the holding strategy these days after gaining good experience at FUN token savings program. The token locking period and investors is huge and thus prices are also rising very fast. So yeah there is good relation between all these strategic holding plans made by different exchangers and wallet owners. Only thing is we should study the project before investing heavily. 500k is big amount!