Crypto CeFi Interest Platform

Interest Rate Updated on 21-11-2024

Platform	BTC	ETH	BNB	USDC	DAI	USDT	PAXG
BlockFi	0%	0%	0%	0%	0%	0%	0%
Nexo	3.0%	4.0%	6.0%	8.0%	8.0%	8.0%	3.0%
Celsius	0%	0%	0%	0%	0%	0%	0%
Crypto.com	3.0%	3.0%	2.0%	6.0%	6.0%	6.0%	1.0%
Blockchain.com	0.65%	2.0%	0%	6.5%	6.5%	6.5%	0%
Gemini	0%	0%	0%	0%	0%	0%	0%
Youhodler	3.0%	4.0%	5.5%	8.0%	8.0%	8.0%	3.0%
CoinLoan	0%	0%	0%	0%	0%	0%	0%
FTX(BlockFolio)	0%	0%	0%	0%	0%	0%	0%
Abra	3.15%	3.65%	0%	7.5%	0%	7.5%	0%
Zipmex	0%	0%	0%	0%	0%	0%	0%
SwissBorg	0.6%	2.0%	1.0%	4.0%	0%	4.0%	0%
Vauld	0%	0%	0%	0%	0%	0%	0%
Ledn	5.25%	0%	0%	7.5%	0%	0%	0%
Nebeus	6.75%	6.75%	0%	12.85%	0%	12.85%	0%
HashHub	1.5%	4.5%	0%	4.0%	4.0%	0%	0%
HodlNaut	0%	0%	0%	0%	0%	0%	0%
Binance	0.25%	0.24%	1.9%	0.0%	0.8%	2.8%	0.5%
Bybit	1.50%	1.00%	0%	2.0%	2.5%	2.5%	0%
OKX	1.0%	1.0%	0%	1.0%	0%	3.0%	0%
MatrixPort	4.0%	5.25%	0%	8.25%	0%	4.5%	0%
MyConstant	4.0%	4.0%	4.0%	12.5%	4.0%	12.5%	0%
AQRU	1.0%	1.0%	0%	3.0%	0%	0%	0%
Finblox	3.5%	6.0%	3.0%	7.0%	4.5%	6.0%	0%
InLock	4.0%	3.2%	5.0%	7.5%	4.8%	6.7%	3.4%
CoinCircle	3.0%	3.0%	0%	0%	8.0%	0%	0%
ZenGo	4.0%	4.0%	0%	8.0%	8.0%	8.0%	0%
WhaleFin	4.5%	4.0%	0%	0%	0%	7.0%	0%
Linen	0.09%	0.05%	0%	1.79%	2.55%	4.03%	0%
Argent	0.4%	4.03%	0%	1.37%	1.58%	0.0%	0%
POKKET	3.0%	4.0%	8.5%	8.0%	8.0%	8.0%	0%
CoinZoom	2.5%	2.25%	0%	6.0%	6.0%	6.0%	2.0%
CoinFlex	0%	0%	0%	4.0%	0%	0%	0%
Yield App	2.5%	2.5%	0%	6.0%	6.0%	6.0%	0%
Crypterium	4.08%	4.08%	0%	7.8%	7.8%	7.8%	0%

An Overview of CeFi Interest

BlockFi

Website: https://blockfi.com/

Interest Term: On-Demand

Custodian: Gemini

Insurance: $200 million

Official Twitter: @Blockfi

Founder: Zac Prince Twitter: @BlockFiZac

• The company with the largest market share
• Most Famous Leading CeFi Company
• Daily interest and dividends are paid on the first business day of every month
• Receive interest in any currency from BTC/ETH/LTC/GUSD/USDC
• Operates as a BTC mutual fund not only for individuals but also for institutional investors

Insurance: $200 million

My review of BlockFi's services is below

BlockFi Review 2022

BlockFi Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Nexo

Website: https://nexo.io/

Interest Term: On-Demand or Locked

Custodian: BitGo,Ledger

Insurance: $375 million

Official Twitter: @NexoFinance

Founder: Kosta Kantchev Linkedin: Kosta Kantchev

• 2nd largest in the Lending Industry
• Founded by Credissimo in 2007.
• Credissimo was listed on the Bulgarian stock market in 2014
  (it is now privately held, having purchased shares on the market because it did not see the benefit of going public).
• It is the world's largest and most trusted decentralized financial company in name and in reality,
  Having also won "the Forbes Business Awards 2017" in 2017.
• Support Multi chain such as MATIC(Polygon)

Nexo Tier Interest Rates(Starting from July 1st 2022)

	Balance Limit	Below $25K	Above $25K	Fixed 1 month
BTC	$25,000	3%	1.5%	+ 1%
PAXG	$25,000	3%	1%	+ 1%
	Balance Limit	Below $100K	Above $100K	Fixed 1 month
ETH	$100,000	4%	1.5%	+ 1%
Stablecoins	$100,000	8%	4%	-

Nexo Referral Program:

Using following referral link and funds $100 or more into your Nexo Account, you will earn $25 in BTC. You must hold these funds for 30 days before being eligible for the bonus payment

Benefits you can get: 25$(US dollar) in BTC

Nexo Referral Link

Celsius Network

Website: https://celsius.network/

Interest Term: On-Demand

Custodian: Fireblocks

Insurance: -

Official Twitter: @CelsiusNetwork

Founder: Alex Mashinsky Twitter: @Mashinsky

• 3rd largest market share in CeFi industry
• Celsius was founded by Alex Mashinsky, a serial entrepreneur with hundreds of billions of dollars in exits under his belt.
• P2P (user-to-user) lending platform
• Provides Celsius Degree Token (CEL) to make interest payments to lenders

Celsius Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Crypto.com

Website: https://crypto.com/

Interest Term: On-Demand or Locked

Custodian: Ledger

Insurance: $360 million

Official Twitter: @cryptocom

Founder: Kris Marszalek Twitter: @kris

• Used by over 3 million people worldwide
• Highly reliable due to being the best in CeFi industry
• Interest is calculated on a daily basis and payments are made once a week.
• Issuing Crypto currency compatible credit cards and announced a global partnership with VISA in 2021
• Interest rate increases with the staking amount of the original token CRO (50,000 CRO or more)
• Customer support response time is fast
• many chains such as ERC20,Polygon,BSC,Arbitrium,AVAXC,Cronos Solana
• Strong marketing power with potential to grow in the future

Crypto.com Tier Interest Rates(Effective from 1st June 2022)

Tier	Amount	Applicable rates
Tier 1	The first US$3,000	Full rewards rate
Tier 2	US$3,000 to US$30,000	0.5x of Tier 1 rate
Tier 3	Subsequent allocations	0.3x of Tier 2 rate

Crypto.com Referral Program:

Using following referral link and stake for a Ruby Card(VISA) or above on your Crypto.com Account, you will earn $25 in CRO

Benefits you can get: 25$(US dollar) in CRO

Crypto.com Referral Link

Blockchain.com

Website: https://www.blockchain.com/

Interest Term: On-Demand or Locked

Custodian: -

Insurance: -

Official Twitter: @blockchain

Co-Founder: Peter Smith Twitter: @OneMorePeter

Co-Founder: Nicolas Cary Twitter: @niccary

• Blockchain.com began as the first Bitcoin blockchain explorer in 2011
• The world's most popular mobile wallet with 80 million users
• Offers high interest rates on major cryptocurrencies such as BTC, ETH, etc. and on stable coins

Gemini

Website: https://www.gemini.com/earn

Interest Term: On-Demand or Locked

Custodian: Gemini

Insurance: -

Official Twitter: @gemini

Co-Founder: Cameron Winklevoss Twitter: @cameron

Co-Founder: Tyler Winklevoss Twitter: @tyler

• Cryptocurrency exchange founded in 2014 by brothers Cameron and Tyler Winklevoss, who were in the news for their legal dispute with Facebook founder Mark Zuckerberg
Gemini Crypto Exchange in U.S
• Gemini provides interest program,names as "Gemini Earn", allows you to earn interest on your holdings

Gemini Earn Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Youhodler

Website: https://www.youhodler.com/

Interest Term: On-Demand

Custodian: Ledger Vault

Insurance: $150 million

Official Twitter: @YouHodler

Founder: Ilya Volkov Twitter: @Ilya_YouHodler

• Opened its platform in November 2018 with the launch of its lending service
• EU and Switzerland based company with two headquarters in Limassol, Cyprus and Lausanne, Switzerland.
• Official member of the BlockchainAssociation
• Supports the Binance Smart Chain and offers industry-leading interest rates.
• Youhodler's official Twitter account is also followed by Binance's CZ
• The level of UI and UX of the app is industry-leading and easy to use
• Interest rate of PAXG, a gold stable coin offered by PAXOS, offers the highest rate
• Up to $100,000 of savings account deposits eligible for interest

My review of Youhodler Lending services is below

Youhodler Review 2022

CoinLoan

Website: https://coinloan.io/

Interest Term: On-Demand

Custodian: BitGo

Insurance: $100 million

Official Twitter: @coin_loan

Founder: Alex Faliushin Linkedin: Alex Faliushin

• Crypto asset lending platform born in August 2017, based in Estonia.
• Regulated by the Estonian Financial Supervisory Authority, licensed as a European crypto currency provider in September 2020, and compliant with international regulations
• No deposit or withdrawal fees, and the ability to swap coins on the go or purchase coins with Visa/Master cards
• Bonus interest rate of up to 2% depending on the amount of proprietary token CLTs held
• Interest rates can be earned in legal tender such as EUR,GBP(British pound) and RUB(Russian ruble)
• High interest rates and high LTV ratios

Coinloan Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

FTX(BlockFolio)

Website: https://blockfolio.com/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @blockfolio

Founder: Edward Moncada Twitter: @EdwardAMoncada

• FTX acquired Blockfolio in a deal worth $150 million on August 2020 and starts yield service from July 2021
• The first $10,000 USD value in your deposit wallets will earn 8% APY.
  Amounts held above $10,000 USD value (subject to market fluctuations) will earn 5% APY.
• The industry's largest variety of crypto currencies available for interest services
• Industry-leading 8% APY for BTC and ETH within $10,000
• Supported by FTX with high financial strength and creditworthiness
• Multi-chain support such as BSC,SOL and transfer fees are very low for both deposits and outgoing transfers
• Parent company FTX operates FTX.us in the US and FTX Japan in Japan in a regulatory compliant regulations
  U.S Crypto Market
  Japan Crypto Market
  

My review of FTX Earn services is below

FTX Earn(Blockfolio) Review 2022

FTX Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Abra

Website: https://www.abra.com/

Interest Term: On-Demand

Custodian: Bittrex

Insurance: -

Official Twitter: @AbraGlobal

Founder: William (Bill) Barhydt Twitter: @billbarhydt

• Founded in 2014,headquartered in Silicon Valley with an additional office in Manila, Philippines.
• Interest rates are variable
• Highly reliable because it does business under U.S. regulations
• Recovery phase of the wallet can be managed by investor themselves
• Customer support is fast and responsive
• Mobile app is simple and easy to use

My review of Abra Interest service is below

Abra Review 2022

Abra Referral Program:

Using following referral link and at least $15 in your account for a week, you will earn $25 in CPRX(Crypto Perx)

Benefits you can get: 25$(US dollar) in CPRX

Abra Referral Link

Zipmex

Website: https://zipmex.com/

Interest Term: On-Demand or Locked

Custodian: BitGo

Insurance: $100 million

Official Twitter: @zipmex

Co-Founder: Akalarp Yimwilai Twitter :@akalarp

Co-Founder: Marcus Lim Twitter: @marcus_zipmex

• Cryptocurrency exchanges operating in four countries: Thailand, Indonesia, Singapore, and Australia
  Thailand Crypto Market
  Indonesia Crypto Market
  Singapore Crypto Market
  Australian Crypto Market
  
• Can select interest rates by Fixed(Zipup) or Ziplock(Locked)
• Bonus interest rate of up depending on the amount of proprietary token ZMT held
• Licensed and egalized by the SEC, the Securities and Exchange Commission of Thailand
• The second largest exchange in Thailand
• Exchange system uses the world standard white label of AlphaPoint
• Zipmex is funded by Krungsri, a major Thai bank.
• CMO (Chief Marketing Officer) of Zipmex is Proud Limpongpan, whose father, Sathit Limpongpan, is a tycoon in the Thai business world and has strong support from the Thai business community. He has strong support from the Thai business world.

My review of Zipmex's services is below

Zipmex Review 2022

SwissBorg

Website: https://swissborg.com/

Interest Term: On-Demand or Locked

Custodian: -

Insurance: -

Official Twitter: @swissborg

Founder: Cyrus Fazel Twitter: @Cyrus_Fazel

• A blockchain-based crypto asset management platform created in Switzerland by a team of financial experts.
• A system that grants fee-free privileges to those who continue to hold a specified amount of CHSB for a specified period of time.
• No transaction fees for $BTC and $CHSB by holding a certain number of CHSB tokens and becoming a premium user
• The company is a 2017 ICO group, but has continued to work on serious projects
• Customer support response time is quite fast
• Top level of perfection and ease of use for mobile applications

Vauld

Website: https://www.vauld.com/

Interest Term: On-Demand or Locked

Custodian: BitGo

Insurance: -

Official Twitter: @Vauld_

Co-Founder: Darshan Bathija Twitter: @darshanbathija

Co-Founder: Kumar Dandapani Linkedin: Kumar Dandapani

• Started BTC and ETH wallet business in 2018.
• Headquartered in Singapore.
• Offers some of the best Interest Rates in the industry
• Offers API services that other lending companies do not offer
• Trade feature is useful if you own Indian rupees and popular by indian customers
  India Crypto Market
  
• High expectations as they have raised nearly 2 million dollars from well-known VC firms such as Coinbase Ventures,PANTERA
• Valar Ventures, a venture capital firm run by Peter Thiel, has also invested in the company.

Vauld Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Ledn

Website: https://ledn.io/

Interest Term: On-Demand

Custodian: BitGo

Insurance: -

Official Twitter: @hodlwithLedn

Co-Founder: Adam Reeds Twitter :@adamreeds

Co-Founder: Mauricio Di Bartolomeo Twitter: @cryptonomista

• Interest Rates offered for BTC and USDC only
• Incorporated under the Federal Laws of Canada. As such, Ledn is held to the highest standards of consumer protection
• All investors from Ledn’s prior round including White Star Capital’s Digital Asset Fund, Coinbase Ventures, Global Founders Capital and CMT Digital also participated to fuel Ledn’s growth.
• Ledn B2X allows for leveraged operations
• Larger $70 million financing in December 2021, making it more financially strong and more credible

Nebeus

Website: https://nebeus.com/

Interest Term: On-Demand or Locked

Custodian: BitGo

Insurance: $100 million

Official Twitter: @NebeusWorld

Founder: Sergey Romanovskiy Crunchbase: Sergey Romanovskiy

• Based on Barcelona, Spain
• Offers some of the best Interest Rates in the industry
• Plenty of transfers and withdrawals linked to bank accounts
• Customer support is fast and flexible
• Bank wire transfer support through SEPA

Nebeus Interest Rates

Crypto	Service Name	Lock Period	Rate
BTC & ETH	Juniper	1 month	3.5%
	Sequoia	4 months	6.5%
USDC & USDT	Bonsai	1 month	6.5%
	Baobab	4 months	12.85%

My review of Nebeus services is below

Nebeus Review 2022

HashHub

Website: https://hashhub.tokyo/en/

Interest Term: On-Demand

Custodian: BitGo

Insurance: -

Official Twitter: @HashHub_Tokyo

Founder: Junya Hirano Twitter: @junbhirano

• Provides top Interest Rates in Japan
• Founder is a prominent figure in Crypto currency industry in Japan
• Very well-known lending service among Japanese crypto enthusiasts and investors

My review of HashHub Lending services is below

HashHub Review 2022

HODLNAUT

Website: https://www.hodlnaut.com/

Interest Term: On-Demand

Custodian: Fireblocks

Insurance: -

Official Twitter: @hodlnautdotcom

Co-Founder: Juntao Zhu Linkedin: Juntao Z.

Co-Founder: Simon E. Lee Linkedin: Simon E. Lee

• Provides top Interest Rates in Singapore
• licensed by Singapore Fintech Association & Infocomm media development authority
• High level of mobile app UI,UX
• High level of customer support, fast response time

Hodlnaut Withdrawal Pause now!!!!! Please do not make an account and send any funds until further notice

Binance

Website: https://www.binance.com/

Interest Term: On-Demand or Locked

Custodian: -

Insurance: -

Official Twitter: @binance

Founder: Changpeng Zhao Twitter: @cz_binance

• No.1 Crypto Exchange in the world
• Binance also operates exchanges for local markets in U.S,Australia, Turkey and other countries
  U.S Crypto Market
  Australia Crypto Market
  Turkey Crypto Market

Binance Tier Interest Rates

Crypto	Tier	Amount	Rate
BTC	Tier 1	0-0.01 BTC	5%
	Tier 2	0.01-0.5 BTC	0.8%
	Tier 3	> 0.5 BTC	0.1%
ETH	Tier 1	0-0.2 ETH	2.4%
	Tier 2	> 0.2 ETH	0.1%
USDC	Tier 1	0-75,000 USDC	1.2%
	Tier 2	> 75,000 USDC	0.3%
USDT&BUSD	Tier 1	0-2,000 USD	10%
	Tier 2	2,000-75,000 USD	3%
	Tier 3	> 75,000 USD	1%
DAI	Tier 1	No Limit	2.2%

Bybit

Website: https://www.bybit.com/

Interest Term: On-Demand or Locked

Custodian: -

Insurance: -

Official Twitter: @Bybit_Official

Founder: Ben Zhou Twitter: @benbybit

• A cryptocurrency exchange established in Singapore in 2018
• Ranked 4th after Binance, etc. in the derivative cryptocurrency exchange ranking by CoinMarketCap
• Well Known as a derivatives exchange with high leverage

OKX

Website: https://www.okx.com/

Interest Term: On-Demand or Locked

Custodian: -

Insurance: -

Official Twitter: @okx

Founder: Jay Hao Linkdin: Jay Hao

• OKX is a China-based cryptocurrency exchange formerly traded under the name OKEx.
• Founded in 2017, the name was changed to the current OKX in 2022
• The OKX business area is more than 180 countries, and transactions are conducted with more than 20 million users
• It boasts the world's second largest spot trading volume in the past, and is still the 13th largest exchange among 310 crypto currency exchanges.

MatrixPort

Website: https://www.matrixport.com/

Interest Term: On-Demand

Custodian: Cactus Custody

Insurance: -

Official Twitter: @realMatrixport

Founder: Jihan Wu Twitter: @JihanWu

• Matrixport is Asia’s one-stop digital assets financial services platform
• Co-Founder is Jihan Wu,famous as Bitmain entrepreneur
• Backed by top investores,POLYCHAIN,CACHET,DST Global,etc
• Supports BTC,Ethereum and TRON network

MatrixPort Interest Rates

Crypto	Lock Period	APY
BTC	14 days	1.75%
	30 days	3.5%
	45 days	3.75%
	90 days	4.5%
ETH	30 days	4.25%
	45 days	4.5%
	90 days	5.25%
USDC	14 days	4.5%
	30 days	7%
	45 days	7.5%
	60 days	8.25%
	90 days	9.5%
	180 days	8.5%
USDT	30 days	6.5%
	45 days	7%
	90 days	9%
	180 days	8%

MatrixPort Referral Program:

Using following referral link and complete KYC Level.2, you will earn $20 USDC

Benefits you can get: 20$(US dollar) in USDC

MatrixPort Referral Link

MyConstant

Website: https://www.myconstant.com/

Interest Term: On-Demand

Custodian: CONST LLC

Insurance: -

Official Twitter: @myconstantp2p

Founder: Zon Chu Twitter: Zon Chu

• P2P lending built on P2P technology
• Based in California
• Supports Multi Chain,such as BTC,Ethereum,TRON,Binance Smart Chain(BEP20),Solana

MyConstant StableCoin Tier Interest Rates(Starting from June 7th 2022)

Crypto	Tier	Amount	Interest
USDC and USDT	Tier 1	0-$5,000	12.5%
	Tier 2	> $5,000	8.0%

MyConstant Referral Program:

When you make more than $100 of USDT/USDC deposit and hold it for 30 days

Benefits you can get:

• 10 USDT
• 1 NFT

MyConstant Referral Link

AQRU

Website: https://aqru.io/

Interest Term: On-Demand

Custodian: Fireblocks

Insurance: -

Official Twitter: @AQRU_Official

Founder: Phil Blows Linkdedin: Phil Blows

• Online Financial Platform Providing Yield on Crypto
• Based in U.K

Finblox

Website: https://www.finbloxapp.com/

Interest Term: On-Demand

Custodian: Fireblocks

Insurance: -

Official Twitter: @finblox

Co-Founder: Peter Hoang Twitter: @Peterhoangski

Co-Founder: Dmitry Paunin Twitter: @dmpaunin

• Highest StableCoin Interest rate in the industry
• Finblox raised US$3.9 million in a new funding round from Sequoia Capital,Saison Capital,etc
• Based on HongKong and Southeast Asia
• Supports Multi Chain,such as BTC,Ethereum,Binance Smart Chain(BEP20),Solana

Finblox Referral Program:

Using following referral link and Deposit a minimum of $100 USD within 7 days after sign-up and hold that balance for 2.5 month, you will receive your rewards

Benefits you can get: Up to 250$(US dollar) in USDC

Level	Minimum required balance for 2.5 months	Reward
A	$100	3 USDC
B	$1,000	25 USDC
C	$5,000	40 USDC
D	$10,000	60 USDC
E	$30,000	150 USDC
F	$50,000	250 USDC

Finblox Referral Link

InLock

Website: https://inlock.io/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @inlock_token

Co-Founder: Viktória Kazár Twitter: @KazarViktoria

Co-Founder: Csaba Csabai Twitter: @Menorel

• blockchain and smart contract based lending platform
• Founded on 2017 and Based in Hungary
• Supports BSC(BEP20) Chain

CoinCircle

Website: https://coincircle.com/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @CoinCircle

Founder: Erick Miller Twitter: @erick_miller

• Founded in 2017 and based in California
• One of the investors is Mike Novogratz

ZenGo

Website: https://zengo.com/

Interest Term: On-Demand

Custodian: ZenGo

Insurance: -

Official Twitter: @ZenGo

Founder: Ouriel OHAYON Twitter: @OurielOhayon

• Top Crypto wallet development company
• Backed by famous investors, and based in Tel Aviv Israel

WhaleFin

Website: https://www.whalefin.com/web/home

Interest Term: On-Demand

Custodian: Fireblocks and BitGo

Insurance: -

Official Twitter: @WhaleFinApp

Founder: Qian Brone Linkedin: Qian Brone

• One Of the Amber Group Company
• Backed by top investors such as ,SEQUOIA,PANTERA,Coinbase Ventures,POLYCHAIN capital,etc

Linen

Website: https://linen.app/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @GetLinen

Founder: Vitaly Bahachuk Twitter: @srndptme

• Leading Crypto wallet for DeFi and Web3
• Based in California
• Supports Ethereum and Polygon Networks

Argent

Website: https://www.argent.xyz/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @argentHQ

Founder: Itamar Lesuisse Twitter: @itamarl

• One of the Best Ethreum Layer2 solution
• Backed by Paradigm,Index Ventures and CREANDUM
• Followers in Twitter over 200K users

POKKET

Website: https://pokket.com/

Interest Term: On-Demand

Custodian: -

Insurance: -

Official Twitter: @POKKETOfficial

Founder: Bill Dashdorj Linkedin: Bilguun "Bill" Dashdorj

• Founded on 2019,company registered at Seychelles
• Currently focus on Asia,such as Hong kong,Tokyo and Ulaanbaatar

CoinZoom

Website: https://www.coinzoom.com/

Interest Term: On-Demand

Custodian: BitGo

Insurance: 100M USD

Official Twitter: @GetCoinZoom

Founder: Todd Crosland Twitter: @ToddCrosland

• Coin Zoom is U.S crypto Exchange
• CoinZoom has their own VISA card for crypto payment
• Utah Jazz Announce Partnership with CoinZoom to Become Official Cryptocurrency Platform and NFT Marketplace

CoinFLEX

Website: https://coinflex.com/home

Interest Term: On-Demand

Custodian: Copper.co

Insurance: -

Official Twitter: @CoinFLEXdotcom

Co-Founder: Mark Lamb Twitter :@MarkDavidLamb

Co-Founder: Sudhu Arumugam Twitter: @SudhuCoinFLEX

• Founded as the first physically delivered futures exchange
• Releasing their own stablecoin as FlexUSD

Yield App

Website: https://www.yield.app/

Interest Term: On-Demand

Custodian: BitGo

Insurance: 100M USD

Official Twitter: @YieldApp

Founder: Tim Frost Twitter: @TimYIELD

• Founded and Based in California
• Holding Financial licence at Estonia(No.FVT000427 as Provider of crypto currency Licence) and Seychelles(No.229095)
• Partners are Top Vendors,such as Trust Swap,BlockPass and PAL Capital,etc

Crypterium

Website: https://crypterium.com/

Interest Term: On-Demand

Custodian: BitGo

Insurance: -

Official Twitter: @CoinFLEXdotcom

Founder: Vladimir Gorbunov Twitter: @gorbunov_vl

• Crypterium has raised $51 million in an ICO in 2017
• Licensed and regulated financial institution in the European Union
• Providing Crypterium Visa card to use by ApplePay

What is CeFi Crypto currency Lending?

Crypto currency lending service is a service that makes a profit by operating crypto deposited by the customer
Lending companies make profits by lending out funds collected from customers and investing in other products.
Customers using lending services have the advantage of being able to earn interest simply by depositing crypto currency.

4 Features and Benefits of CeFi Lending Service

Cryptocurrency lending has four major characteristics

1.Unearned income

Crypto Currency Lending is a very simple investment method
Simply deposit your crypto currency and earn interest.
Interest from each lending company is paid out on a regular basis, divided into daily and monthly installments.
The interest is automatically deposited into your account, allowing your funds to grow at a compound interest rate.
Since all you have to do is deposit your money, it can be said that this is an investment method that provides you with unearned income.

2.Stable profits

There are many ways to earn money by investing in crypto currency.

• Trade for profit by buying and selling crypto currency
• Trading on margin with little money and leverage
• Trade using futures contracts
• Arbitrage trading using price differences between exchanges (arbitrage)
• Automated trading using programs (bot trading)

There are many ways to profit from investing crypto currency, but all of them require weighing the returns and risks.
The highest risk is in leveraged trading.
Leveraged trading (trading on margin) offers high returns, but there is also the risk of loss.
In some cases, there is a risk of losing more money than you have invested due to additional losses.
Trading in cash also carries a high risk, though not as high as leverage.
because crypto currencies are notoriously volatile.
You could be caught in a spike or crash and lose a significant amount of your invested capital.
Even arbitrage and systematic trading, which are theoretically risk-free, actually have risks.
because Exchange systems are not perfect.
Sometimes incorrect information (e.g., price information) is spit out from RestAPI or WebSocket system information, or the system often makes errors.
This is not widely known because the exchanges do not publicly announce every time they make an error, but errors actually periodically do occur.

3.High yield

Crypto currency lending services offer different interest rates depending on crypto currency deposited.
The interest rate patterns are set by each company as follows

• Major coins such as BTC and ETH Low APY
• Emerging coins such as AVAX High APY
• Stable coins such as USDC, USDT Medium APY About 10%

Interest rates are higher than those offered by stock dividends and bank deposits.
It would not be possible to earn this level of interest just by depositing the money in a bank.
If a major bank or company enters the market in the future, the interest rate is expected to decrease, but I believe that we are able to enjoy high interest rates because no major bank or company has entered the market.

4.Stablecoin is basically not affected by the market

As mentioned above,crypto currencies are highly volatile investments that are prone to rises and falls.
Even if you earn interest on your deposit, you may lose more than that.
However, lending companies also offer interest rate services in stable coins.
With stable coins, you can also invest your money without being affected by the market.

Risk of cryptocurrency lending

I would like to describe the risks that you should understand when using crypto currency lending services.

Risk1.Hacking risk

As is true of crypto currency investments in general, there is a risk of hacking.
Also, generally speaking, the operation of a lending company may be riskier than that of a crypto currency exchange.
Crypto currency exchanges operate with a well-defined ratio of hot to cold wallets, but there are no clear regulations or industry rules for lending companies.
Operating with a hot wallet means that the private key is on the Internet and can be withdrawn at any time as long as the private key is hacked.
There is a risk that your deposited assets could be hacked and lost

Risk2.Not sure how much insurance will be covered for your deposit

The lending company has partnered with a company that provides insurance services for each company.
The amount of insurance coverage is in the order of 100 million USD and is expected to cover a large amount of money.
However, it is not clear to what extent this insurance will apply.
Basically, the insurance is often applied when funds managed in cold wallets are hacked. Since it is not certain how funds deposited in interest accounts at lending companies are operated and managed, it is not certain whether the insurance will be applied in the event of hacking or damage.
The insurance provided by the lending service company should be considered only as a protection.

Risk3.Bankruptcy risk of lending company

Cred, a major American lending company, went bankrupt with a debt of $ 500 million. The business isn't going on anymore.
Assets deposited with Cred are not guaranteed and are not refundable.
The company may go bankrupt due to damage, hacking or fraud in its operation .
And in the event of bankruptcy, there is a risk that the assets you have deposited will not be returned.

Risk4.Risk of decrease in asset value deposited due to the crash

There is a risk that the assets on deposit will collapse.
You can avoid this risk by investing in stable coins, but stable coins themselves are not issued by the government, so there is counterparty risk.
If stablecoins are unpegged against the dollar or other legal tender, your deposited assets may decline.
No matter which crypto currency you invest in, you need to understand that you may lose more value than your deposited assets.

Recommended management method of lending service

There are many risks involved in using lending services.
Although there are risks, it can also be said that the service can provide a stable profit.
The author manages the lending service because he believes that the benefits outweigh the risks.
The following are the investment methods that the author utilizes as a way to reduce risk.

1.Amount of money to be invested is surplus funds

First of all, the basic premise is that you should do this with sufficient funds.
As mentioned above, the investment method using crypto currency lending services is risky.
There is no system in place to guarantee you in case something goes wrong, like bank deposit account protection.
In the worst case scenario, you risk losing all the funds you have deposited with the lending service company.
It is advisable to invest with surplus funds.

2.Diversify investment by using several lending services

Lending service companies offer a wide variety of services worldwide.
In addition to the companies mentioned here, there are many other companies offering different services.
There is a wide variety in terms of company reliability and financials.
No company is safe from being hacked, as any company can be hacked.
In the unlikely event that you are hacked and cannot get your assets back, if you place a large amount of money in one company, you will lose all of your assets in that one company.
I recommend diversifying your assets by dividing them among several companies depending on the size of your assets.

3.Keep a close watch on market trends.

As with crypto currencies in general, keep a good check on market trends and company status.
Has the lending service company launched any new services?
Has it raised funds? Any problems?
If it is a stable coin, is USDT or USDC more reliable?
Researching the company and the issuer of the coin is essential to crypto investing.
crypto currencies use blockchain technology, a feature that makes them more transparent than stocks or currencies.
If you follow the transactions on the blockchain, you can analyze how it is operated, whether there is demand, and many other pieces of information.
This analysis is called on-chain. What are the risks, what are the acceptable risks, etc.?
Analysis and research can be done on Twitter and Blockchain Explorer.
You can keep up with the latest information about the company or coin you are investing in, and if you find something suspicious, you can withdraw your assets to minimize your risk.