Generally speaking, high-risk investments give out the highest rewards. But traders end up losing more money than gaining when entering these kinds of projects.
Luckily, some stable and low-risk cryptocurrencies are offered with competitive yields as their shaky counterparts.
With the likes of Tether (USDT), USD Coin (USDC), and The Hideaways (HDWY), their real-world utility will keep your investment in check while earning a handsome staking yield on the side.
Tether (USDT) Is A Great Stablecoin But Best To Deploy A Large Chunk In Bear Market
Tether (USDT) is the world’s largest stablecoin and the third highest-valued cryptocurrency, holding a market capitalization of $68.41 billion.
The coin is pegged to the US Dollar, which makes it “the USD of cryptocurrency.” Movements track the small ups and downs of the reserve currency with no crazy swings, making it a stable investment.
Despite having the same value, Tether (USDT) is a better investment than USD for many reasons. One is transferability – it can be used for crypto transfers, payments, and the like. Unlike the US Dollar, using it for this purpose involves lower fees since there is no third-party app meddling between two transacting parties.
Another benefit of investing in Tether (USDT) is high staking rewards. Take a look at the coin’s staking rewards across cryptocurrency exchanges:
- Nexo – 9% APY
- Youholder – 13.07% APY
- Binance – 8.0% APY, on flexible duration
USD Coin (USDC) is a dApps Favorite
USD Coin (USDC) is the second-largest stablecoin. Together with Tether (USDT), they occupy 80% of the stablecoin market.
But a general market rule is to never put all your eggs in one basket. Despite its stability, the Terra Network’s USD stablecoin depegged in May, teaching us a lesson to seek variety even on cryptocurrencies tracking the US Dollar’s movements.
One important thing to note about the USD Coin (USDC) is the preferred stablecoin by decentralized applications (dApps) – it is built on the Ethereum network, making it widely acceptable among other ERC-20 tokens.
Liquidity is when a crypto token can easily be swapped with other tokens, which is where USDC is strong.
Take a look at USD Coin (USDC) ‘s staking rewards across crypto exchanges:
- Nexo – 10% APY
- Blockfi – 8.6% APY
- NOBI – 9.58% APY
The Hideaways (HDWY) is Investing Big in Staking
The more staked tokens on a network, the more trusted it is. The Hideaways (HDWY) is investing big to build on its staking ecosystem by offering lucrative rewards.
This is the revolutionary cryptocurrency of this bear market, last bear market we have $MATIC, $FANTOM and more. This bear market is The Hideaways (HDWY).
By allowing you to invest in luxury property for as low as $100, get passive income generated from real revenue (rentals and events) AND be able to trade each fraction non-stop, The Hideaways looks a world-beater.
Our analysts are calling this the best crypto of 2023, let alone 2022 and expecting 20,000% returns by the end of next year.
With their contract already successfully audited by the leading cryptosecurity firm – SolidProof, team tokens being locked for 2 years then linear vesting and liquidity locked forever this is the no-brainer bet of this year and next.
We forgot! The passive income should yield around 20% per year! That’s an absolutely crazy amount but totally possible when you consider the properties they’re getting.
50% of the presale has already been sold, considering it only launched 4 weeks ago we’re expecting the next 50% to sell out in the next 2 weeks.
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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