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HC Tang

Financial Enthusiast, Budgeting at The Society

06 Feb 2020

∙

For Crypto earn, is the interest earned on Fiat or the cryto coins?

Do i get my interest in the form of conventional currency or cryptocurrency?

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Yvonne K

06 Feb 2020

Head of Social Media & Community at Crypto.com

The interest will be paid out in the same crypto currency as your deposit (e.g. if you deposit BTC, you will earn interest in BTC).

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Are stable coins or usdC/T any ‘safer’ than are cryptos? Considering the fact your can earn high interest rates on them without caring on the price movements on a long term.

What do you think about moving $10k from my Singlife account (1% interest rate) to 3 different crypto lending platforms to earn a sweet 8-12% APY from stable coins like USDC and USDT? Any advice?

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