Table of Contents
- VALIDATOR RUNNING
- YIELD FARMING
- LENDING CRYPTO WITH CEFI
- LENDING CRYPTO WITH DEFI
- STAKING
- WHICH CRYPTOCURRENCY YIELDS THE HIGHEST RETURNS?
- YIELD FARMING AGGREGATORS
How can you maximize the profits on your cryptocurrency investments? That's the question every investor is asking themselves in 2022, especially as we are bang in the middle of crypto winter. If you have to hold onto your coins until the market recovers from the bear run over the last 8 or 9 months, then you may as well look to get some solid returns or (annual percentage yields) APYs on your holdings.
It's all about getting more bang for your crypto buck and the best crypto yields.
So, let's have a look at how we can do just that.
VALIDATOR RUNNING
Staking is some kind of validation. Running a validator is not the same as staking on a platform because you have to set up a device (usually a computer) to act as a node to verify transactions. One important benefit is that, unlike staking with an exchange or pool, you keep 100% of the benefits earned by staking your cryptocurrency investments. You can also get a cut of users' staking earnings if they delegate their tokens to you. Even better, a validator gives you more autonomy over your coins than a staking pool.
YIELD FARMING
The goal of yield farming is to maximize cryptocurrency profits across as many channels as you can. For the best annual percentage yields (APYs), investors regularly switch their tokens and coins between exchanges. Diversifying your portfolio means managing your risk. When
compared to lending or staking, yield farming can give investors a higher rate of return.
LENDING CRYPTO WITH CEFI
Earning a decent return on your cryptocurrency investments from a conventional bank account isn't always easy to do. However, the advent of stablecoins has opened the door to an alternative. Centralized finance (CeFi) solutions are growing in popularity, and many provide attractive keeping your cryptocurrency investments in stablecoins.
LENDING CRYPTO WITH DEFI
DeFi can provide transparent peer-to-peer lending that can give larger returns than conventional financial products. Putting your cryptocurrencies into DeFi lending means earning interest collected from borrowers. All you need is a crypto wallet compatible with the DeFi apps, and you're good to go.
STAKING
In the world of cryptocurrency investments, "staking" is voluntarily putting up your own coins so that they can be used to verify new transactions on the blockchain. In many staking scenarios, there is no set amount of time that you have to wait before withdrawing your tokens. That said, sometimes there is a waiting period, known as a "cooling period," after you unstake your tokens before they are transferred to your wallet.
You can stake your cryptocurrency on many of the best cryptocurrency exchanges by simply going to the "Earn" section and searching through the many crypto staking options available on that platform. You then choose your preferred action and put up at least the minimal amount of cryptocurrency demanded by the site. After that, sit back, relax and watch the growth of your passive income with crypto coins.
WHICH CRYPTOCURRENCY YIELDS THE HIGHEST RETURNS?
You can get higher interest from holding either native coins or stablecoins. The following are examples of both stable and native coins:
- Bitcoin
- Ethereum
- Cosmos
- Litecoin
- Tezos
- Uniswap
- Algorand
- Chainlink
- Binance USD
- USD Coin
- Tether
- Gemini Coin
YIELD FARMING AGGREGATORS
The easiest and possibly one of the most profitable ways to generate a passive income is through yield aggregators. The benefits of yield aggregators and farming are pretty straightforward. If you already hold a cryptocurrency long-term, you may as well look to increase the return on your cryptocurrency investments, and staking provides a low-risk way to generate extra returns.
With companies such as Bolide.fi, you can start with any amount and invest in a vast range of staking and farming options while choosing a strategy that best suits your risk appetite. Even better, there's no lock-up period, and you can get APYs of up to 30%!
Here are some of the benefits of investing with Bolide:
A one-stop investment product with access to leading protocols
Automated, stablecoin investing produces maximum yields
Low risk, market-leading yields of up to 30% APY
Earn an extra 20% staking your BLID tokens and enjoy 11% APY on farming
Start investing with any amount
Hands-off, passive automated investments using your stablecoins
No lock-up period accesses your funds and profits instantly
No withdrawal limitations
Starting your yield farming and staking journey is easy with platforms like Bolide. Simply visit Bolide.fi, connect your crypto wallet, deposit either $USDT / $USDC / $DAI or $BUSD, and you're good to go.
Start earning interest at the speed of light with Bolide today!
For more information on the best Crytpo yields, visit Bolide.fi today.
