High Yields on cryptocurrency safe in your wallet
(Edited)
This is not a get rich quick scheme
- It's more of a get rich slowly system, and it's not really a system.
- It's a simple plan.
- Right now, you can open an account on Binance US or Binance outside the US.
- You can transfer 1000 USD there from your bank, recording the transfer for tax purposes.
- You then can buy Hive Backed Dollars a stable coin, which is not pegged to the dollar, but pegged to one dollars worth of Hive, a cryptocurrency token.
- Then you open an account on the Hive Blockchain. Using this Free Sign Up link.
- Then you transfer your HBD to this account wallet.
- Once you have your Hive Backed Dollars into the wallet, you then transfer it into the savings account of the wallet.
- Now your Hive Backed Dollars earn 20% APR each year.
- So on 1000 USD you earn 200 USD per year.
- If you know a way to earn 20% on your money somewhere else, without risk of volatility you should tell me about it in the comments of this post.
This won't make you rich overnight, but it's an incredible APR which beats inflation in most places.
- Better yet, you can sell these HBD for USDC or other cryptocurrency like Bitcoin or Etherium if you wish.
- That's it, this is a simple, safe plan for making 20% APR each year on your saved money.
- Questions??
- Do you want to learn more? Read my other post here and follow mw now to get my future articles about Hive Backed Dollars.
Why is this so special?
- The true value of cryptocurrency and the blockchain is cryptographic protection of your assest. Mainly your money, safely protected in your wallet, by your 23 place alphanumeric password.
- But the majority of cryptocurrency defi investments involve your money leaving your wallet and you trusting someone else to keep it safe and return it to you when you want your investment capitol back.
- This system eliminates that risk, because you keep your money in your wallet, and the only person responsible for it's safety is you.
- That's the true reason for cryptocurrency, cryptographic protection, yet crypto investors give up this security everyday to make money.
- That ends today.
@shortsegments
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The 20% APR is better than most of what is offered out there. With crypto, there's the ability for self custody and I think yield investments, compounding is a good way to grow one's wealth over time substantially.
I agree 100%.