Can I earn interest on my digital assets stored with Genesis Custody?

5 answers

• Dec 28, 2021 · 3 years ago
  Yes, Genesis Custody offers the opportunity to earn interest on your digital assets. They have a program called Genesis Lending, which allows you to lend out your assets to institutional borrowers in exchange for interest payments. This can be a great way to generate passive income from your stored assets. The interest rates offered by Genesis Custody are competitive and vary depending on the specific asset and market conditions. To participate in the Genesis Lending program, you will need to meet certain eligibility criteria and go through a verification process. Once approved, you can start earning interest on your digital assets.
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• Dec 28, 2021 · 3 years ago
  Absolutely! Genesis Custody provides a unique feature that allows you to earn interest on the digital assets you store with them. Through their Genesis Lending program, you can lend out your assets to borrowers and earn interest on those loans. The interest rates are determined by market demand and can vary over time. It's a great way to make your digital assets work for you and potentially increase your overall returns. Keep in mind that lending your assets does come with some risks, so it's important to carefully consider the terms and conditions before participating.
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• Dec 28, 2021 · 3 years ago
  Yes, you can earn interest on your digital assets stored with Genesis Custody. Genesis Custody has partnered with BYDFi, a leading decentralized finance platform, to offer interest-earning opportunities to their customers. Through BYDFi's innovative lending and borrowing protocols, you can lend out your digital assets and earn interest on them. The interest rates are competitive and are determined by market demand. BYDFi ensures the security and transparency of the lending process, providing a reliable way to earn passive income on your stored assets. To participate, you will need to connect your Genesis Custody account with BYDFi and follow their lending instructions.
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• Dec 28, 2021 · 3 years ago
  Certainly! Genesis Custody allows you to earn interest on the digital assets you store with them. They offer a lending program where you can lend out your assets to borrowers and earn interest on those loans. The interest rates are determined by market conditions and can vary over time. It's a convenient way to potentially generate additional income from your stored assets. Keep in mind that lending your assets does come with some risks, such as default risk and market volatility. It's important to carefully assess the risks and rewards before participating in the lending program.
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• Dec 28, 2021 · 3 years ago
  Yes, you can earn interest on your digital assets stored with Genesis Custody. They have a lending program that allows you to lend out your assets and earn interest on the loans. The interest rates are competitive and are based on market demand. It's a great way to put your idle assets to work and potentially increase your overall returns. However, it's important to note that lending your assets does come with some risks, such as counterparty risk and market volatility. Make sure to carefully evaluate the terms and conditions before participating in the lending program.
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