I FOUND THE BEST CRYPTO PASSIVE INCOME - YouTube

This research report tells you the best way to earn

passive income with crypto lending.

We've been working on this report

for a few weeks because there's a problem.

There are just too many options.

There are far too many sites

and coins to potentially lend out.

And there's no one resource that

gives the whole picture.

So I've decided to take the matters into my own hands.

Let's rank the top crypto lending sites

by average rates offered

and coins lent out because this matters.

Don't believe me? Let me show you.

Let's say you're lending out $10,000 for 20 years

at 8% interest you would have $49,000 after 20 years,

at 10% interest you would have $73,000,

Now do we know what crypto lending rates will be in 20 years?

But the last thing you want to do is look back

20 years from now, wishing that you would have just

watched all the way through that ten minute YouTube video on lending.

This video has some regular old crypto lending

like Bitcoin and Ethereum, but the primary focus is on

stablecoin lending because this is where

you can earn sometimes as high as 50% interest passively🤑.

Now, before we get into the data,

we need to cover the types of stablecoins

that we're looking at because it's important

to be able to differentiate which one is best for you.

The first type of stablecoin is Fiat collateralized.

This is the most common type

and for good reasons.

Generally, you want a stablecoin to act

like a dollar and be stable as, you know, a dollar.

So it makes sense to back a stablecoin

one to one with dollar.

So here's how it's generally supposed to work.

You have $100 in fiat that you want to

trade for a stablecoin.

You go ahead and make the trade.

Your US dollars go into the stablecoin's reserve,

and then they then mint $100

in stablecoin tokens that they give to you.

When you sell, the opposite is supposed to happen.

They send you the US dollars back

and they burn the $100 in extra tokens,

keeping everything equal.

Now, I say "supposed to" because the

biggest stablecoin of them all, Tether,

has some major concerns in the past with

proving that they actually have 100%

US dollar reserves for every Tether token issued.

They do have an audit from February showing that they

hold adequate reserves.

However, many feel that there is much more

to this story.

So much so that there's currently a

$1 million bounty for

any information leading to a discovery on

Tether's true reserves.

Now, one thing we do know

is Tether holds a lot of commercial paper

instead of just cash in their reserves.

Commercial paper is basically a form of short term debt.

Now this is okay, except we don't know

who they're lending it to.

The problem is, Tether is

by far the largest stablecoin,

and they have the most options and

best lending rates on platforms,

despite all of these concerns.

So it's something you need to consider.

Some people will say

they will never use Tether

and others think it's safe enough.

No matter where you're stand on this issue,

I'm going to give you options for a variety of stablecoins.

That way you can choose the one that works best for you.

The next is BUSD.

BUSD is Binance's stablecoin,

which is facilitated by Paxos.

Paxos goes above and beyond

to show that they have proper reserves in place

for their stablecoins issued.

They release a third party audited reserve report

every single month.

On here you can see their dollars in the bank

versus tokens issued.

$922 million in reserves and 922 million tokens issued.

The third collateralized option on the list

that we'll be examining today is USDC.

USDC is a joint venture between

Coinbase and Circle.

They also have third party audit reports

done on a monthly basis,

which you can find on their website, and this will show you

exactly what is in their reserves

and the total tokens issued.

As of the last audit, they have $32 billion

in reserves and 32 billion tokens issued.

And finally, we're going to include a

crypto backed stablecoin in our research.

These work a little bit differently.

So the first three tokens

USDT, USDC, and GUSD were backed

by US dollars in a centralized reserve.

MakerDAO is much more decentralized and

backed by a variety of other crypto tokens.

It's decentralized because DAI is facilitated

by a smart contract where you can deposit a crypto

like Ethereum or the COMP token

and receive DAI in return

To protect reserves against volatility,

DAI is actually over collateralized, meaning that they have

For example, if you wanted $100 in DAI,

you would have to put up $150 in Ethereum as collateral.

So now that you have more context on the stablecoins

that we're going to cover, you can decide the coin

and the method of investing that you'd like to use

as we go through our data.

The first platform in the list is Yearn Finance.

Yearn is a DeFi platform built on

Ethereum that allows you to earn interest on your cryptos

without a financial middleman.

Here are Yearn's average lending rates,

1.08% for USDT,

3.85% for USDC

and 3.57% for DAI.

Now, a point here that I want to make

is this report is going off of 30 day average rates.

Some of these were actually recorded by hand,

but if you go on Yearn or any of these sites

and interest rates are slightly different,

that's because market conditions can change

and these rates tend to fluctuate depending

on the exchange or the platform that you're looking at.

My main goal here is to find out

who is consistently best.

Next on this list we have FTX.

FTX is crypto derivatives exchange founded by

29 year old multi-billionaire Sam Bankman-Fried.

This dude is worth

I've actually been thinking about making a mini

documentary on YouTube on him.

Let me know if you'd watch it.

Anyways, as far as stablecoin lending goes,

they only offer USDT with

average rates of 5.95%.

They also offer Bitcoin and Ethereum lending at

1% and 1.35% respectively.

Now we have Coinbase.

Coinbase is the most famous on the list, but

You're paying for that user friendly interface.

Coinbase offers 4% interest on

USDC and 2% interest on DAI.

The next platform is Compound.

Compound is an algorithmic DeFi protocol

built on Ethereum.

They allow a variety of ways to

earn interest on your crypto,

again without a middleman.

But just how much can they make you?

With USDT - 6.81%,

USDC - 5.74%

and DAI - 3.33%.

Next up we have dYdX.

Now my broken sense of humor always wants to just

go ahead and pronounce this as D***,

but I'm pretty sure that they're brainiacs

and this is named after a derivative function,

not, you know, the organ.

Anyways, dYdX is another decentralized platform

built on Ethereum with lending capabilities.

Their USDT rates are 6.81%,

USDC - 5.74%

and DAI - 3.33%.

Next up we have BlockFi.

Now you might be familiar with this

as they're a sponsor of mine.

BlockFi is interesting because they

focus their efforts on making

earning interest on your crypto

as easy as humanly possible.

They're attempting to bridge the gap between crypto

and old school banking.

Here, you're not gonna see the absolute

highest rates possible,

but the user experience is the best

of any platform I've used on this list.

So there is a kind of balance and decision

to be made there.

If you do want to try them out

on the link in the description where you can get

upto $250 in free Bitcoin by making an account.

Now on to their rates.

USDT lending - 7.5%,

USDC - 7.5%,

BUSD - 7.5%

and DAI - 8.5%.

Next up we have Nexo.io

Nexo is a crypto wallet that allows you

to store digital assets, exchange them and earn interest.

They're fairly large with 2.5 million users,

but how much do they pay?

USDT - 8%,

USDC - 8%

and DAI - 8%.

We're starting to get up there.

8% is the average trends for the S&P 500,

so not too shabby.

Next up we have Celsius,

one of the bigger players in the space.

Celsius offers cheap transactions,

borrowing, and a variety of ways to

earn money through lending.

But, say it with me-

- Say it with me one time!

USDT - 10.02%

we broke double digits

USDC, also, 10.02%

DAI - 4.6%,

and BUSD - 10.02%.

Now 10% isn't bad whatsoever,

especially if you get those returns

for a long period of time.

If you had $100,000 lent out at 10% for 40 years,

you would be looking at $5.3 million in your retirement,🤯

but let's keep going

because next we have Venus.

I actually wasn't familiar with Venus until

starting research on this video and

Venus is a decentralized platform for lending

and staking built on the Binance Smart Chain.

Now, show me those rates.

- SHOW ME THE MONEY!!!

USDT - 10.63%

USDC - 15.53%

DAI - 11.12%

and GUSD - 14.19%.

Side note, they also offer some

attractive lending rates for Cardano

at 11.12%.

Also, if you want to earn passive income

on your Cardano that's risk free, because

lending, I guess, isn't 100% risk free,

you can stake your Cardano for about 5% annual interest.

And if you would like to stake your Cardano

in my stake pool, I would appreciate it

and you'll earn some passive income.

All you have to do is

Or if you want more information on how the

pool is run and everything we do in the background

or the charity that we donate to,

you can visit stakewithmax.com

Now, next on our passive income pyramid,

we have Crypto.com

Crypto.com is a full scale exchange with

lending capabilities on a variety of stablecoins

and classic cryptos.

Now here are the rates:

USDT, USDC and DAI

all 12% annualized,

GUSD - 3%.

Also, both Bitcoin and Ethereum lending is

6.5% on their site.

Now on the final stretch here.

Next up, we have another platform that

I hadn't heard of until

the research for this video

and that is YouHodler.com

They offer crypto swaps,

crypto loans, which can actually be really nice

if you have a ton of crypto gains and you're

trying to avoid some capital gains tax,

you can just simply lend against your stack.

You never have to pay capital gains.

And of course, they offer

regular old lending where you can earn

some passive income.

But what are their rates?

USDT - 12.3%,

USDC - 12%

and DAI - 12%.

Not too shabby.

Moving on from here is one that you're likely

familiar with if you've been

watching this channel for a while

and that is Kucoin.

I have personally used Kucoin

to lend out stablecoins for about seven months now.

In that time, I have personally made

$21,000 in interest.

That comes up to $104

every single day since I started.

But what are their average rates?

This is actually one of the tougher platforms

to get data from,

but the average lending rate that we found

is 15.33% for USDT, crazy,

and 10.95% for USDC.

Now, I can say from my experience

that this seems correct.

I've seen lending rates on that platform

as high as 75% APY

and as low as 5%, but

neither of those lasted very long.

The rates on Kucoin are determined by a

free market and what people are willing to pay.

So what you'll see is when cryptos are pumping and

doing especially well,

then lending rates go through the roof

and when crypto is dropping,

which happens sometimes, then lending

rates drop significantly as well.

Also, I will have Kucoin linked in the description

where you can save on trading fees,

if you want to go ahead and try out that platform.

No to the last member on this list,

and that is Fulcrum.

Fulcrum is a trading, lending, staking and borrowing platform.

They're similar to Kucoin in that 10% of

your lending profits go to an insurance fund

to ensure that you don't get stuck

in a bad loan.

And their rates?

I'm glad you asked.

USDC - 9.81%,

DAI - 3.43%

and USDT - 16.19%

just beating out Kucoin.

If you were to invest $100,000

at 16.9% for 40 years,

you would end up with $62 million. 😵‍🤯

But again, we don't know how long these rates

will stay that high.

Now let's do a summary.

The winner of this race really depends on

If you're okay with USDT,

which is the highest maximum rate of any coin here,

then Fulcrum or Kucoin may be your best choice.

If you want to go with USDC,

then Venus is the standout winner at 15.7%,

followed by a tie between Crypto.com and YouHodler.

For BUSD, Venus wins again

significantly ahead of the others,

and DAI is a tie between Crypto.com and YouHodler

at a healthy 12%.

And there you have it.

If you enjoyed this breakdown,

consider hitting the subscribe

because videos like this take so much

time and effort to make

and I would appreciate it.

Now I would just like to thank you so much for watching

and I hope you have a profitable day.