How I Earn Passive Income
I remember when i first invested in cryptocurrencies, i didnt know that there was a way for my crypto investments to earn. Today, there are a lot of great opportunities to earn with your crypto assets, and the returns that you get will seem astronomical compared to what you may be used to getting from your traditional bank.
i’ll get straight to the point, traditional banks give a measly 0.2% to 2% annually. Thats right a high of 2% for an entire year. There was a time that i got excited at that prospect of getting 2% for my money. That was until i got into crypto and realized how insanely small the returns banks are giving us for OUR money. This ad below perfectly depicts how banks try to make us believe that 0.5% is considered “high-yield”. I cant believe they would even brag about this yield.
I say that now since my assets are now in cryptocurrency and i earn anywhere from a low of 5% to a high of over 1,000%. YES, you heard me right, over 1,000% . Insane, right? Actually its not insane, whats really insane is how we even agreed to allow the bank to only give us a ridiculously low return of less than 1% per year.
i’m sure you are reading this thinking to yourself, how do i get these returns. its quite simple really, and its relatively safe and secure. Well, let me show you how easy it is. Just go to the “finance” tab of the exchange and click on “earn” and you can see all the returns they are offering. I use OKEx because i love their user interface; and layout makes it easy to see everything and to navigate. Now, look at these rates.
So, this is what i call the vanilla APR’s and they are already awesome. When you really start diving deep into the decentralized world and checking out the returns on the yield farms, your eyes will pop. I’ve used several farms and exchanges and their returns are excellent. Here’s just one example of a DEx on OkexChain called Cherryswap. Feast your eyes on this…
On my next post, i will dive deep into how you can get your hands on these yummy returns. But for starters, do sign up for an OKEx account and get started in this cryptocurrency world. Here’s my referral link: