Recently, I have signed-up in this great crypto lending platform that gives you an edge over traditional banking with a usual savings account that earns a pitiful amount less than 1% a year. For me this is kinda mind boggling and revolutionary in the bitcoin and the entire crypto space as I am a HODLER and never seen anything like this before.
Everybody no longer need to liquidate his/her crypto holding and sell in exchange for fiat currency like US Dollars and Philippines Pesos as everybody can now use crypto such as Bitcoin as a collateral to secure a money to finance some real estate loan, car loan or credit card bills.
Simple vs Compound Interest??? Which way you wanna lend your money? Well, everybody will choose compound interest over the other as it will give us more leverage in multiplying our income.. Remember the 8th Wonder of the World of Albert Einstein? Yes, "compounding" that's the most powerful discovery ever in the history of finance..
But what's the catch? Your deposits are not guaranteed by FDIC. Though, they promise to indemnify the crypto HODLER or the depositor first which is "us" before the owners and the employees of BlockFi. That sounds a bit risky. Nevertheless, taking a risk is better than putting your savings in a bank which has a guarantee of losing its purchasing power over time. https://blockfi.com/?ref=paguirigan
Welcome dzeypee!
eSteem is the application that improves your experience on Steem. You have full control over your data and content, unlike some apps we don't use our users to promote our application or services.
We have Mobile application for Android and iOS users. We also have developed Surfer Desktop application that helps you to gain new followers and stay connected with your friends, unique features - notifications, bookmarks, favorites, drafts, and more.
We reward our users with encouragement upvotes as well as monthly giveaways rewarding Spotlight top users and active Discord users.
Learn more: https://esteem.app
Join our discord: https://discord.gg/8eHupPq
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Welcome to Steem dzeypee! Partiko is officially the fastest and most popular mobile app for Steem. Unlike other Steem apps, we take 0% cut of your earnings! You can also be rewarded with Partiko Points while using Partiko and exchange Partiko Points for upvotes!
Partiko for Android can be downloaded here on Google Play and the iOS version is available here on the App Store.
If you have more questions, feel free to join our Discord channel and ask @crypto.talk, we're always here to help!
Thank you so much for your interest!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit