Srossi.....what do you think of Gemini Earn with the APY they are attaching with it
I just did it yesterday. I kept reading and couldn't find the catch, but I knew there had to be one because in return for earning interest you're loaning your coins to someone. After I signed up, they finally tell you the catch is that you need to wait 5 business days to get your coins back. So that makes quick trades impossible, but if you're just planning on holding then it's fine. I'm OK with that for now since I just bought back in and I'm not planning on selling for a bit, but it makes me nervous to have my coins locked up for a week if it starts plummeting. I start earning interest today though so we'll see how it goes. No fees though to convert back and forth between an earning and a trading account, so that's good. But the more I think about it, the more I think 3% isn't worth it for Bitcoin or ETH considering the massive losses you can sustain while waiting to get your coins back. However, Litecoin at 5% might be worth dumping $5,000 into and not looking at it again for 2 years. I might do that.
I'm also on the waiting list to get my crypto credit card.
thanks for that info