facebookDoes anyone have experience on using Crypto wallets such as Celsius, MetaMask, Nexo? - Seedly

Anonymous

13 Jun 2021

General Investing

Does anyone have experience on using Crypto wallets such as Celsius, MetaMask, Nexo?

Hi. Could I get some advice on which is more secured, earns good interest and offers the best User experience? Possible to share your experience with them?

Also, on a side note, is it better to trade in USD or SGD for crypto?

Thanks in advance:)

Discussion (5)

What are your thoughts?

Learn how to style your text

I moved all my crypto assests from Gemini Earn to Nexo for higher APY.

I use Gemini to buy crypto and transfer it to Nexo for better APY.

Gemini gives 10 free withdrawal per calendar month.

Now I am literally double the APY of my portfolio at Nexo.

Next, I will try Celcius & BlockFi to just diversify my crypto portfolio.

Disclaimer: not a financial advise, please dyodd!

I personally use both Nexo and Metamask.

I use Nexo to hold my Ethereum and

NEXO tokens, as I find that they offer one of the best interest rates in the market.(6% APY) Assets held with NEXO are also secured by a $375 million insurance policy, so that gives me peace of mind.

As for Metamask, I primarily use that for yield farming on Pancakeswap. Please do ample research on this if you intend to yield farm, as it requires you to jump through a few hoops, but the rewards are way worth it once you understand how to navigate the quagmire that is yield farming and DeFi in general.

It is definitely better to trade in SGD for crypto as that saves you a bit on currency conversion. However my main process for my crypto investments is to convert SGD to ETH using Gemini, thereafter sending my ETH to Binance Global to trade it for other coins not available on Gemini.

All the best in your crypto journey and remember: Not your keys, not your coins. Cheers!

Have been using Celsius for a few weeks, I would say one attractive point is the higher interest on ...

Write your thoughts