Earn Interest on Crypto - Investing in Crypto to Defy Inflation

The main problem with traditional currencies is that they are subject to inevitable inflation. It eats away at your real income, reducing your solvency. Inflation of even strong currencies such as GBP and USD has become a serious challenge in recent times, forcing many to look for ways to protect their savings from depreciation. Today, more and more people are choosing to earn interest on crypto using secure platforms with compound interest accounts.

Inflation and Crypto Savings: Protecting Assets with High Interest

Although the recent spike in inflation caused by the pandemic is stabilising - with the rate falling to 3.4% by 2028 according to Statista - it still worries many. Most bank deposits cannot cover real inflation, let alone the income from your deposits. This is why many people today are considering the option to earn interest on crypto. Independent from fiat currencies, digital assets offer great earning opportunities with high interest rates on investments.

How to Earn Interest on Crypto and Keep the Profits

Looking to earn interest on crypto assets? First, you need to understand how compound interest works. By choosing, for example, the CoinDepo platform, you receive interest on your crypto savings daily. Moreover, the interest is credited to your updated account balance, which means it works like a snowball effect.

By choosing large crypto projects that are trusted and popular (BTC or ETH), you can expect a rate of up to 18% per annum, much higher than traditional bank deposits. You can earn even more by making deposits in stablecoins like Tether - up to 24% per annum. Thus, CoinDepo allows you to protect your money from inflation while maintaining control over your assets.

Steps to Start Earning Interest on Crypto with CoinDepo

By choosing CoinDepo, you have made a big step towards financial independence. You just need to open an account, fund it and select among the options to earn interest on crypto available to you.

Tools to Monitor Earnings

CoinDepo has a set of analytical tools that track your profits dynamics. You can find them on the control panel with your account balance, accrued interest, total return and other indicators. With these tools, you can easily evaluate the performance of your deposits and make timely adjustments.

Beating Inflation with Compound Interest Accounts

Inflation is still a serious threat to your savings. However, digital assets are here to help you not only protect your capital but also multiply it. With CoinDepo solutions, you can earn interest on crypto without exposing your assets to the risks of, for example, margin trading on exchanges.