We are all on our respective paths to build better lives for ourselves as we find a way to achieve maximum financial independence. Cryptocurrencies and digital assets have helped make achieving this independence much more accessible, with the value of currencies rising rapidly year after year. While the overview of the crypto market is good, it is also undeniable that the market can move slowly during periods of consolidation.
How do continue earning more during these events? In this mini-guide, we have several suggestions for you on how to do it.
What can you do with your crypto apart from trading?:
There is a multitude of things you can do with your digital assets in addition to trading or keeping them waiting for them to go up in value. Some people choose to transact directly with their cryptocurrencies, using stable coins and even some of the big-name cryptos like Bitcoin to pay for their daily expenses. Other people choose to use their tokens as utility tokens on project-related platforms. Finally, other investors choose to obtain more passive returns with their income.
We are bridging the gap between FIAT and cryptocurrencies, so we decided to explore how to leverage your crypto on Nebeks.
Profit Way # 1: Apply for a Crypto-Based Loan:
Not ready to sell your crypto yet because it hasn’t hit the target price, but you’re also not sure how to continue to make a profit in the meantime? Try applying for a loan in crypto! Platforms like Nebeks offer you the opportunity to use your crypto assets as collateral through FIAT loans and in stable coins (in USD, EUR, GBP, USDT, or USDC). Through this process, you will obtain FIAT or stable coins and you can use this money for your daily expenses, more ambitious projects, or reinvest it in other assets.
Take advantage of # 2: Rent your crypto:
You have probably heard of crypto savings accounts that offer very attractive interest rates. As banks continue with minimum rates, consider the alternative: doing it with crypto! In most cases, the platforms will operate in a very similar way. In exchange for depositing your crypto into an account for a period of time, you will get a% of that amount per year.
Nebeks uses a unique approach to this. Instead of offering savings accounts, you will rent your crypto to them. By signing a rental agreement, you will receive up to 12.85% APY as rent payments, as often as every 24 hours.
Nebeks currently has four rental programs. Juniper and Sequoia for Bitcoin and Ethereum, and Bonsai and Baobab for stable coins. All you have to do is choose a program, deposit your crypto and start receiving payments.
The various profitability plans are designed to cover a wide range of needs, so be sure to check out this website for more information on how to benefit from these plans.
Profit Mode # 3: Secure Your Crypto:
Part of the benefits of owning crypto is that it also opens up access to security and secure storage systems. Instead of keeping your assets in hot online wallets, you can secure or store your crypto on Nebeks. Nebeks is currently the only platform that offers cryptocurrency insurance to consumers!
By purchasing a monthly subscription and getting access to a secured wallet, all the crypto you deposit in that wallet will be covered by a $ 100 million insurance policy by Lloyd’s of London. Your assets will be stored in a cold storage device at a class III bank security level and covered against hacks by third parties, copying, and theft of private keys, internal theft, and loss of keys.
The objective of all this is to give you peace of mind when it comes to carrying out your daily activities without fear of losing your investments.
In general, there is a multitude of ways to profit from your crypto assets. The most important thing to keep in mind is that using your crypto does not always involve trading and opening and closing positions in the market. Sometimes the best thing you can do for yourself is to find ways for your crypto to work for you.