As a legal financial services provider for digital assets, CoinDepo offers multiple smart ways to earn passive income. There are at least several features that set it apart and allow its customers to grow their wealth without much risk or effort.
Compound Interest Accounts: An unmatchable earning opportunity
CoinDepo is a lot like a traditional bank, but it deals with digital assets rather than fiat money. Investors and regular individuals are attracted to this platform because it offers much higher interest rates than regular banks. Moreover, it has industry-leading interest rates for major cryptocurrencies and stablecoins. For example, CoinDepo account holders can get 18 to 24% APR + compound interest on stablecoins. Cryptocurrency deposits offer slightly lower returns (12 to 18% APR + compound interest), but one can also benefit from the growing value of their coin.
Based on reviews, one can say that CoinDepo is a trustworthy and reliable partner when it comes to maximizing your crypto funds. It places customer security at the forefront by employing enterprise-grade multi-layer security. Furthermore, customer funds are fully insured during transfer and in storage.
CoinDepo: A digital lending pioneer
One of the greatest shortcomings of typical loans, whether crypto or fiat, is that one needs to have collateral to take a loan. That means that a portion of your funds lays idle in the collateral account until you pay off your crypto loan. CoinDepo introduced a completely new way of taking loans. There is no need to freeze your crypto assets in a collateral account to obtain a loan.
Every CoinDepo Compound Interest Account holder can take a loan that is equal to 50% of the value of their crypto portfolio an unlimited number of times without any credit checks or complicated procedures. There are a dozen of assets that you can choose to borrow. On top of no loan term limits, this gives a lot more flexibility to the loans. This service allows individuals to withdraw funds for other investing or spending purposes while still being able to earn interest on crypto through a Compound Interest Account.
Crypto Credit Card: The next step to financial freedom
CoinDepo has recently presented a credit card that allows users to spend their crypto funds in a convenient way. The best part is that the platform gives up to 8% crypto cashback for doing what you already do – making purchases. The cashback is instantly credited to the account and starts to earn interest at that very moment.
The credit card is accepted worldwide by millions of merchants. It allows one to instantly and smoothly convert crypto to any local currency, delivering an exceptional experience. There are no fees and the interest for using the credit line should be paid only once a month. The repayment terms are pretty flexible. At the same time, the interest the user keeps on earning in the Compound Interest Account makes using the credit line even more attractive.
Additional Ways to Earn Crypto with CoinDepo
Besides its main products discussed above, CoinDepo offers several other streams of revenue.
· CoinDepo Ambassador. The platform generously rewards individuals who represent the brand and raise awareness about CoinDepo. Their goal is to help other individuals and investors maximize their returns with this provider. There are no limits to how much extra income your activities can bring you.
· Referral Program. If you would like to get income on top of the interest earnings you get flowing into your CoinDepo Compound Interest Account, you invite friends and anybody really to join the provider and start earning passive income too. The best part is that both you and your friend will get the rewards and you can instantly start earning compound interest on the referral bonuses you receive.
· Partner Commissions. Besides a single-time reward for each new user you bring, CoinDepo offers investors to become their partners and start earning commissions in stablecoins. What it means is that you will be getting a monthly payment equal to 0.5% of the balance in your referral’s account. These earnings can be placed into the Compound Interest Account and bring you up to 24% APR.
As you can see, it pays to be a little more active and let others know about the earning opportunities brought to the world by CoinDepo. At the same time, even if you do nothing, you can still get a noteworthy income stream in crypto or stablecoins from the Compound Interest Account alone. Whether you would like to take advantage of these extra earning opportunities or take a more relaxed route is up to you.