How to use your Crypto investments while not trading?

We’re all on our respective journeys to build better lives for ourselves as we find ways to achieve as much financial independence as possible. Cryptocurrencies and digital assets have helped make achieving this independence a lot more accessible, with the value of coins increasing rapidly year over year.

While the general outlook for the crypto market is good, it is undeniable that the market also can move slowly during periods of consolidation. How do you continue earning more in these events? In this mini-guide, we have several suggestions for you on how to do just that.

What can you do with your crypto besides trade?

There are plenty of things you can do with your digital assets besides trading them or just holding on to them. Some people choose to transact directly with their cryptocurrencies, using stablecoins and even some well-known cryptos like Bitcoin to pay for their daily needs. Some people choose to use their tokens as utility tokens on the platforms related to the project. Finally, other people choose to make more passive returns with their income.

We’re all about bridging the gap between FIAT and cryptocurrencies, which is why we’ve decided to explore how to leverage your crypto on Nebeus.

Way to Leverage #1: Take out a crypto-backed loan

Not ready to sell your crypto yet because it hasn’t hit a price target, but also not sure how to continue benefiting in the meantime? Try taking out a crypto-loan! Platforms like Nebeus (developed and operated by Money-4 Limited & Rintral Trading SL) offer you the opportunity to use your crypto assets as collateral towards FIAT and Stablecoin loans (in USD, EUR, GBP, USDT, or USDC). Through this process, you will obtain FIAT or Stablecoins and use that money for your daily expenses, more ambitious needs, or reinvestment into other assets.

Way to Leverage #2: Rent your crypto

You may have heard of crypto savings accounts that offer very attractive interest rates. As banks continue to provide dismal rates, consider the alternative – doing it with crypto! In most cases, platforms will operate in a very similar manner. In exchange for depositing your crypto into an account for a period of time, you will obtain a certain percentage of that amount per year.

Nebeus takes a unique approach to this. Instead of offering savings accounts, you will be renting out your crypto to them. You will sign a rental contract and will receive up to 12.85% APY as rental payouts, as often as every 24 hours!

Currently, Nebeus has four crypto renting programs – Juniper and Sequoia for Bitcoin and Ethereum, and the Bonsai and Baobab for stablecoins. All you have to do is pick a program, deposit your crypto, and start earning payouts.Nebeus interest rates for stablecoin deposits are among the highest in the cryptocurrency sector.

The various rental plans are tailored to cater to a wide range of needs, so be sure to check out its webpage for more information on how you can benefit from these plans.

Way to Leverage #3: Insure Your Crypto

Part of the benefits of owning crypto is that it also opens up access to safe and secure storage systems. Instead of keeping your assets on hot wallets online, you can choose to insure and store your crypto on Nebeus. Nebeus is currently the only platform that offers cryptocurrency insurance to consumers!

By purchasing a monthly subscription and getting access to an insured vault, all crypto that you deposit into that vault will be covered by a $100 million insurance policy by Lloyd’s of London. Your assets will be stored in a cold storage device in a Class III bank-grade security and covered against third-party hacks, copying and theft of private keys, insider theft, and loss of keys.

All of this aims to give you peace of mind to carry on with your daily activities without fear of losing your investments.

Conclusion

Overall, there are plenty of ways to benefit 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 on the market. Sometimes, the best thing you can do for yourself is to find ways to let your crypto do the work for you.

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.