100% safe, non-fluctuating and scalable
I realize $8.68 doesn’t sound like a lot of money, but I am earning it completely passively with almost zero risk, which is not common in the crypto world. I don’t even have to press a button to “claim” it. Every day the accumulated interest is compounded so the daily income increases slightly every 24 hours.
So how am I earning the extra $110 per year?
By investing/saving with Nexo.
I have written about Nexo a few times before because I am a big fan of their military-grade security and reliability. I have been using the platform for about three years.
I usually store some BTC, BNB and DOT there as they reward very well for your staking. A few months ago I put in $1000 of USDT (Tether) and since then I have been earning $0.28 every day, or $8.68 every month. As I mentioned this is compounded every single day so your investment grows each day.
Obviously if I invest a larger amount the accumulated interest will also be more every day.
Comparing Plans
To put this investment into perspective: at the same time of investing USDT into Nexo, I locked the same amount into a FIAT saving plan. In that plan I am only earning $2.47 per month (as opposed to the $8.68 in Nexo).
I also have the option to lock up the Tether for 3 months to earn a higher ROI rate, but I’ve chosen not to do that for now.
You can also Earn Free Bitcoin when joining via a Referral Link:
To receive BTC rewards you need to open a Nexo account using a unique referral link. Once you register, you will need to verify your identity and complete at least one of the following tasks:
Top Up Task:
- Buy or top up a specific amount (Top-Up amount, ranging between 100 USD and 500 USD) of any asset through a single transaction during the first 90 days after registration.
- Maintain a portfolio balance greater than or equal to the Top-Up amount during the first 30 days of funding their account.
- You can add more funds at any time to ensure your portfolio balance doesn’t fall below the Top-Up amount during the 30-day period. Unlike the initial top-up, any subsequent transactions may be below the Top-Up amount.
- You and I will each receive a respective BTC reward (ranging between 5 USD and 25 USD) for completing this task.
As always this is not financial advice, just reporting what is currently working for me. Remember to only use risk capital.
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Disclaimer: This is not financial advice, the information in this article is for educational purposes only. Never invest what you can’t afford to lose. I disclaim any liability or loss incurred by any person who acts on the information, ideas, or strategies discussed in my articles. Do Your Own Research.