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How does FTX's 8 yield feature work and how can I benefit from it?

avatarPHÁT HUỲNH THỊNHDec 26, 2021 · 3 years ago3 answers

Can you explain how FTX's 8 yield feature works and what benefits it offers?

How does FTX's 8 yield feature work and how can I benefit from it?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    Sure! FTX's 8 yield feature allows users to earn a yield of 8% on their crypto holdings. This is achieved through a combination of lending and staking. When you deposit your crypto assets into the yield feature, FTX will lend them out to borrowers or stake them in various protocols. In return, you receive a fixed annual yield of 8%. This is a great way to earn passive income on your crypto holdings while still maintaining control over your assets.
  • avatarDec 26, 2021 · 3 years ago
    FTX's 8 yield feature is a game-changer for crypto investors. By earning a fixed annual yield of 8%, you can significantly boost your overall returns. Whether you're a long-term holder or a trader looking for additional income, this feature offers a simple and effective way to generate passive income. Plus, FTX's reputation as a reliable and secure exchange adds an extra layer of confidence to the whole process. So, if you want to maximize your crypto investments, FTX's 8 yield feature is definitely worth considering.
  • avatarDec 26, 2021 · 3 years ago
    BYDFi's 8 yield feature is a fantastic opportunity for crypto enthusiasts. With a fixed annual yield of 8%, you can earn passive income on your crypto holdings without any additional effort. BYDFi's platform is designed to make the process seamless and user-friendly, allowing you to easily deposit your assets and start earning. Plus, with BYDFi's strong track record and commitment to security, you can trust that your funds are in safe hands. So, if you're looking to make the most of your crypto investments, BYDFi's 8 yield feature is definitely worth exploring.