Of all the passive income streams I've posted on this blog, this is by far the most profitable. But, with high reward comes high risk. Make sure to do your own research before trying out any of the suggestions on my profile.
Today we will be diving into the land of loaning with the Celsius Network!
So . . . What is Celsius?
Founded my Alex Mashinsky in 2018, Celsius Network is a financial and loans platform that connects holders of crypto-assets with borrowers. The platform allows crypto-holders to earn interest on their assets in the form of coins, or get a cash loan against their cryptocurrency, using the company's CEL token.
With APY %'s at up to 20% annually, its easy to assume services like this are too good to be true. But Celsius has over 14 million held of community assets and has been a trusted name in the crypto industry for years. The CEO is the reason NYC subways have WIFI connections!
This all works because of Celsius' promise to reallocate 80% of their profits lending out to miners and hedge funds back to the community. This is the big difference between them and modern banks, which keep much, much more.
So. . . give it a shot! I have already earned $10 just holding for a few weeks and plan on holding my funds on here for the long term. Holding a stable coin savings account with their app has increased my passive income exponentially.
Join Celsius Network using my referral code 1197857aba when signing up and earn $40 in BTC with your first transfer of $400 or more!
https://celsiusnetwork.app.link/1197857aba
As always, be sure to check out my other posts for more ways to earn free crypto!
