RE: Saving is out, Staking is in

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Saving is out, Staking is in

in hive-175254 •  4 years ago 

Besides staking the different crypto's as mentioned by you, there is no need to keep your money on your bank accounts.

The close to zero interest is like a slap in the face. Besides buying crypto for staking purposes I am also moving my Euro's to Nexo.

In Nexo as Defi platform, you can receive returns on your crypto, but also on your FIAT. They are paying 8% interest on my Euro's and the interest is paid out on a daily base.

Banks are becoming useless institutions of the past.

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That's sounds interesting. I will have a look at Nexo. Thanks for stopping by!