Which one is more suitable for earning passive income, the BlockFi wallet or the BlockFi interest account?

3 answers

• Dec 27, 2021 · 3 years ago
  If you're looking for a simple and secure way to earn passive income with your digital assets, the BlockFi interest account is a great option. With the interest account, you can earn interest on your cryptocurrencies, including Bitcoin, Ethereum, and stablecoins. The interest rates are competitive, and your funds are held securely with BlockFi. It's a hassle-free way to grow your wealth without actively trading.
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• Dec 27, 2021 · 3 years ago
  The BlockFi wallet, on the other hand, is more suitable for those who want to have full control over their digital assets. It's a non-custodial wallet that allows you to store, send, and receive cryptocurrencies. While it doesn't offer interest on your holdings like the interest account, it provides you with the flexibility to manage your assets as you see fit. If you're comfortable with managing your own investments and want to have complete ownership of your digital assets, the BlockFi wallet is the way to go.
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• Dec 27, 2021 · 3 years ago
  Speaking as a representative of BYDFi, I would recommend considering the BlockFi interest account for earning passive income. With the interest account, you can earn up to 8.6% APY on your cryptocurrencies, which is a competitive rate in the market. It's a secure and reliable option for growing your wealth over time. However, it's always important to do your own research and consider your risk tolerance before making any investment decisions.
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