Post
Topic
Board Trading Discussion
Re: Seeking Passive income offer with low risk
by
cryptocointrade.com
on 07/09/2023, 12:00:41 UTC
I would check

If you hold Bitcoin BTC and want yield -> NEXO

If you hold Ethereum ETH and want yield -> Lido Finance or Kraken

Remember that all of the above examples introduce counterparty risk.

For example, before you deposit to Nexo you should be aware of Celsius, BlockFi, and other similar companies that failed.

It's up to each other if they believe the interest rate or staking reward is worth the risk taken.

If you are about to deposit into 3rd party companies, make sure you don't deposit 100% of your funds into 1 single company at least.