Post
Topic
Board Economics
Re: IS it possible to let your BTC work for you ?
by
suzanne5223
on 21/01/2022, 14:32:17 UTC
Hey, I am wondering is it truly possible that my BTC works for me , without revealing my private keys and also without KYC ?
Yes, it is possible but technically holding the Bitcoin you invested in for the long term automatically makes the Bitcoin work for you in terms of gaining more value.
Another option is total decentralized Bitcoin DeFi but the downside is that they mostly accept wBTC and the platform I can recommend is Sovyrn.

I have read and heard about similar things but they seem more like a Ponzi scheme.
In every innovative setting, there will always be some people within the system that will want to abuse the system benefit.

Does anybody have any experience with a non-custodia platform/wallet /swap which does not require KYC but supports BTC ?

A privacy concerned BTC fan.
Yes, I can only vouch for Sovyrn.