Can I earn interest on my digital assets stored in Paxos Custody?
Mohammad Zikri Hayat AzmiApr 22, 2021 · 4 years ago3 answers
Is it possible to earn interest on the digital assets that I have stored in Paxos Custody?
3 answers
- Alvarado HaslundOct 11, 2020 · 5 years agoYes, you can earn interest on your digital assets stored in Paxos Custody. Paxos Custody offers a feature called Earn, which allows you to earn interest on your digital assets by lending them out to borrowers. This is a great way to make your idle digital assets work for you and potentially generate passive income. However, it's important to note that the interest rates may vary depending on the specific digital asset and market conditions. Make sure to check the current interest rates and terms on the Paxos Custody platform.
- jokerzzjNov 01, 2021 · 4 years agoDefinitely! Paxos Custody provides an opportunity for you to earn interest on your digital assets. By participating in their lending program, you can lend out your digital assets to borrowers and earn interest in return. It's a win-win situation where you can put your idle assets to work and earn passive income. Just make sure to carefully review the terms and conditions of the lending program and understand the risks involved before participating.
- Franck DouglasApr 14, 2022 · 3 years agoYes, you can earn interest on your digital assets stored in Paxos Custody. BYDFi, a digital asset exchange, offers a lending program where you can lend out your digital assets to borrowers and earn interest. The interest rates are competitive and you have the flexibility to choose the duration of the lending period. It's a great way to make your digital assets work for you and potentially increase your overall returns. Just make sure to do your own research and assess the risks before participating in the lending program.
Top Picks
How to Use Bappam TV to Watch Telugu, Tamil, and Hindi Movies?
1 4127250Bitcoin Dominance Chart: Your Guide to Crypto Market Trends in 2025
0 01622How to Withdraw Money from Binance to a Bank Account in the UAE?
1 01325How to Make Real Money with X: From Digital Wallets to Elon Musk’s X App
0 01018Step-by-Step: How to Instantly Cash Out Crypto on Robinhood
0 0864Is Pi Coin Legit? A 2025 Analysis of Pi Network and Its Mining
0 0758
Related Tags
Hot Questions
- 2716
How can college students earn passive income through cryptocurrency?
- 2644
What are the top strategies for maximizing profits with Metawin NFT in the crypto market?
- 2474
How does ajs one stop compare to other cryptocurrency management tools in terms of features and functionality?
- 1772
How can I mine satosh and maximize my profits?
- 1442
What is the mission of the best cryptocurrency exchange?
- 1348
What factors will influence the future success of Dogecoin in the digital currency space?
- 1284
What are the best cryptocurrencies to invest $500k in?
- 1184
What are the top cryptocurrencies that are influenced by immunity bio stock?
More