How to Start Earning Interest on Crypto in 2022

Cryptocurrencies have become a popular investment in recent years, and for good reason. They offer the potential for high returns, are relatively easy to buy and sell, and are largely unaffected by traditional economic forces. However, one downside of cryptocurrencies is that they typically don’t pay interest. This can be a problem for investors who want to earn a passive income from their holdings.

Fortunately, there are now a number of platforms that allow crypto investors to earn interest on crypto. These platforms typically work by lending out user’s cryptocurrencies to short-term borrowers in exchange for a small fee. This process is known as crypto lending.

The interest earned depends on the platform used and the specific cryptocurrencies involved, but it can be significant. For example, some platforms currently offer annual percentage yields (APYs) of over 10%.

If you’re interested in earning interest on your crypto holdings, there are a few things you need to do. First, you’ll need to find a reputable platform that offers interest-bearing accounts. Next, you’ll need to deposit your crypto into the account and specify how much you’re willing to lend out.

Finally, you’ll need to wait for borrowers to be matched with your account and start earning interest. With a little bit of effort, you can start earning a passive income from your crypto investments in no time.

Risks of Crypto Lending and Alternative Ways to Earn Interest

Cryptocurrency lending platforms have become increasingly popular in recent years, as they offer a way to earn interest on digital assets. However, there are some risks associated with crypto lending that potential borrowers should be aware of. One of the biggest risks is the possibility of platform shutdown. If a lending platform were to suddenly close its doors, borrowers would likely lose their deposited funds.

Additionally, there is always the risk of hacks and scams. Lending platforms are often targeted by hackers due to the large amount of money that is held on the platform. Finally, cryptocurrency prices are highly volatile, meaning that the value of a borrower’s collateral could drop sharply, leading to a forced liquidation.

While crypto lending can be a great way to earn interest on digital assets, borrowers need to be aware of the risks before they choose to lend their cryptocurrencies.

Crypto Lending’s best alternative for earning interest: Automated Crypto Trading

Automated crypto trading is the practice of using computer software and algorithms to execute trades on cryptocurrency exchanges. Algorithms are programmed to make trades based on a set of predetermined rules, including indicators and market conditions. Automated trading can help traders take advantage of opportunities in the market that they might otherwise miss.

In addition, it can help to take emotion out of the equation, as trades are executed based on pre-set criteria rather than gut feeling.

Meet Haru Invest: Securely earn on crypto with experts

Haru Invest is a digital asset investment platform that offers an interest-bearing crypto deposit service and fund service. Haru Invest lets you earn interest on cryptocurrency.

Unlike other similar CeFi platforms out there, Haru Invest does not operate in the lending model. Instead, Haru Invest invests crypto assets with high frequency trading, exploiting the gaps between crypto spot or derivative exchanges.

With this different way of generating returns, Haru Invest has been consistently paying out earnings with minimized risk.

Some of the strategies that Haru Invest works with include:

● Arbitrage Trading that leverages BTC and ETH price gap between crypto exchanges

● Market Neutral Strategy based on the price stability mechanism at futures exchange

● Spread Trading that focuses on the volatility of BTC/ ETH futures contract

If you want to let experts securely handle your crypto portfolio or calculate the earnings check out the Haru Earn product.

Editorial Note: This is a sponsored article. Opinions expressed are solely those of the sponsor and readers should conduct their own due diligence before taking any action based on information presented in this article.