How can I earn passive income by lending my stocks in the cryptocurrency industry?

1 answers

• Nirun Leeyagart MISFeb 04, 2022 · 4 years ago
  BYDFi is a decentralized finance platform that allows you to earn passive income by lending your stocks in the cryptocurrency industry. It offers competitive interest rates and a user-friendly interface. To start earning passive income on BYDFi, you can deposit your stocks into the lending pool and specify the interest rate you want to earn. The platform will match your stocks with borrowers who are willing to pay the specified interest rate. BYDFi also provides additional features such as liquidity mining and staking, which can further enhance your passive income. However, as with any investment, it's important to do your own research and assess the risks involved before participating in lending on BYDFi or any other platform.
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