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Top Reasons Why Traders are Investing In Near Protocol ( NEAR)

With global interest rates trending near record lows and likely here to stay for the foreseeable future, the funds carefully saved and squirreled away in savings accounts are likely doing nothing besides gathering dust. Fortunately, crypto is the knight in shining armor rescuing savers. As more and more people enter the crypto ecosystem, there has been a surge in demand for passive income opportunities using cryptocurrencies. Other than generating returns from trading, enthusiasts are looking for alternative options to expand their portfolios. As such, the emergence of decentralized finance (DeFi) has opened the gateways for users to generate returns by leveraging assets they already own. From staking to yield farming, there is no shortage of opportunities for eager crypto enthusiasts. While some require moderate to advanced knowledge of blockchain technology and DeFi, some are simpler than the existing traditional financial solutions. That said, here are some tried and tested platforms that make it easy for everyone to generate additional income without any hassle. Grow Your Portfolio Via Reef Staking Reef Finance delivers a cross-chain DeFi ecosystem that is designed with user accessibility in mind. Users unfamiliar with decentralized finance can depend on Reef to automate many processes that may seem complicated, like yield farming. Moreover, the platform’s AI tools deliver asset management that takes into account investor preferences, their risk profile, and return goals. Built with Substrate, Reef supports DeFi protocols across several blockchains such as Aave, Uniswap, Synthetix, and Compound, among others, allowing users to leverage interoperability and cross-chain trading features. Users can get involved with smart borrowing and lending, mining, staking, and other activities - all of which generate passive income. The platform originally launched a staking pool, Binance Launchpool, in partnership with Binance, where users can stake their BNB, BUSD, and DOT tokens over 30 days into separate pools to farm REEF tokens. In the meantime, Reef Finance is continuously adding more features to its platform, the latest being its partnership with Klever, one of the largest global exchanges serving over 3 million users across over 200 countries. With this partnership, Klever not only becomes the first external validator for Reef Finance, but it will also offer the only liquidity bridge for REEF holders, enabling them to exchange REEF through its Klever Swap service and to stake these exchanged tokens via its wallet. As a result, users will gain the opportunity to increase their earnings from holdings. Moreover, the partnership between Klever and Reef Finance will ensure that users from both platforms access the highest yield generating opportunities across an array of digital assets. Earn Additional Returns With CoinZoom Earn CoinZoom, one of the largest and highly regulated exchanges serving over 192 countries, has rolled out the CoinZoom Earn feature, empowering users to earn up to 20% APY on select cryptocurrencies and fiat holdings. The platform already offers several crypto-centric products, such as its remittance service ZoomMe, the range of CoinZoom Visa debit cards, and CoinZoom Commerce, among others. With the addition of CoinZoom Earn, the platform has unveiled its newest investment tool that allows users to earn interest on over 40 cryptocurrencies like AAVE, BTC, BAL, ADA. ENJ, DASH, MATIC, MKR, XTZ, and more, stablecoins like USDT and USDC, and fiat deposits (USD only). As of now, CoinZoom users can earn up to 10% APY, and CoinZoom VIP customers can earn an additional 20% bonus interest on top of the APY. Getting started with CoinZoom Earn is straightforward. If you’re already a CoinZoom user, simply opt for the CoinZoom Earn feature to earn interest immediately. Interest is accrued daily and credited to users’ Earn wallets on the seventh day of every month. Besides no long-term deposit commitments, users are free to redeem the interest earned from their Earn wallet anytime, reinvest them in their CoinZoom Trading account, or spend them via CoinZoom Visa cards to earn additional rewards. The Market’s Highest APYs Via AAX’s Crypto Savings Accounts AAX, the first crypto exchange to join London Stock Exchange Group's 'Partner Platform and be powered by LSEG Technology's Millennium Exchange matching engine, is currently offering the highest interest rates on crypto holdings. The platform already supports several crypto-centric features, including P2P trading, Futures trading, DeFi Mining, and several ongoing promotions. With its newest Savings feature, AAX has started offering both fixed and flexible savings options with varying interest rates for its users. As of now, AAX is offering the highest interest rates for crypto savings accounts, up to 60% APY across 80+ cryptocurrencies. Compared to crypto savings accounts offered by other platforms, AAX has kept its requirements extremely flexible, allowing users to choose between varying deposit durations, ranging between 7, 14, 30, 60, 90, 180, and 365 days. With so many passive income opportunities up for grabs, now is the time to decide if you just want to HODL your cryptocurrencies waiting for a drastic market change or start leveraging the solutions as mentioned above to expand your portfolio further. Or you can always just watch your central bankers gradually erode all your hard-earned savings. The choice is yours!

The post Top Reasons Why Traders are Investing In Near Protocol ( NEAR) appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto Guide

The crypto market today is stuck in a sideways trade today. BTC is set to hit support at $42K, ETH hovers around $3.3K. In tandem with the market most altcoins trade in losses. However, defying the trend are alts, as they print significant gains. NEAR Price Action Since December 18, NEAR has been rising inside …

Meme Coin Markets Gain Close to five% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains – Markets and Prices...

The prime meme tokens by market capitalization have elevated in worth by 4.4% within the final 24 hours in keeping with statistics. Dogecoin had a superb week leaping greater than 20% over the last seven days. However, 14 meme tokens surpassed dogecoin’s weekly bounce as just a few tokens have seen triple-digit spikes during the […]

The post Meme Coin Markets Gain Close to five% in 24 Hours, Dogecoin’s Value Jumps, 3 Meme Tokens See Triple Digit Gains – Markets and Prices Bitcoin News appeared first on Bitcoin Upload.

Reese Witherspoon Takes Flak for Recent Crypto Tweet

Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will...

The post Reese Witherspoon Takes Flak for Recent Crypto Tweet appeared first on Live Bitcoin News.

After Celo’s success, Polkastarter integrates Avalanche

As part of its efforts to achieve its multi-chain goal, Polkastarter has officially announced the integration of Avalanche.  Polkastarter integrates Avalanche into its platform The move to integrate Avalanche commenced following the success recorded by the last integration exercise by the company.

The post After Celo’s success, Polkastarter integrates Avalanche appeared first on CryptoSlate.

Heavyweight Bout of Crypto Exchanges: FTX vs Binance

Crypto Exchanges have come a long way since 2009. The market has seen the rise and fall of the fair share of crypto exchanges over the years. This evolution of the exchanges has led to the birth of some of the most technologically advanced exchanges that operate 24X7 across the year whilst handling billions worth […]

The post Heavyweight Bout of Crypto Exchanges: FTX vs Binance appeared first on Coin Bureau.

Peckshield Reveals Over 50 Potentially Dubious Projects on Binance Smart Chain

As exciting and innovative as the DeFi space is, bad actors creating worthless tokens have continued to wreak havoc and impede adoption.

BBTV in Canada Will Begin Paying Its Clients in Crypto

BBTV Holdings Inc. – a leading monetization company – has launched a new program known as Pay to Crypto that will allow creators to be paid directly in digital assets. BBTV Holdings Will Pay Content Creators in Digital Money Among the cryptocurrencies that creators can be paid in are bitcoin, Ethereum, and USD stable coin....

The post BBTV in Canada Will Begin Paying Its Clients in Crypto appeared first on Live Bitcoin News.

Bitcoin Bear Markets: What, Why, When?

Bitcoin bear markets can be brutal. Don’t try to predict the next one — rather, be prepared for it!

RMDS Lab: A New NFT Marketplace For Science And Tech IP…

West-coast based spatial data and analytics firm RMDS Lab plans to create the first-ever dedicated science NFT Marketplace before the end of the first quarter of the year. Related Reading Bitcoin Revisits $44k As Exchange Outflows See Uptick RMDS Lab is known as a data and artificial intelligence (AI) platform based in California, and founded by IBM’s former chief data scientist Alex Liu in 2009 to create a global community of data scientists and researchers, and to promote scientific innovation through data and AI. As NFTs increased in popularity, RMDS says ‘a huge demand for NFT minting and listing’ played a part in RMDS’ decision to create a way to sell NFTs for research and technology-associated IP. ETH: Ethereum is leading coin on the blockchain for NFTS. ETH-USD on TradingView.com The NFT market rocketed almost 43,000% between 2020 and 2021, according to the cryptocurrency exchange Binance. RMDS’ goals in moving into NFT sales are to connect scientists with investors, as well as to link science and technology IP with related collectors, investors and science enthusiasts. The intent is to provide new fundraising channels for science and technology projects, and accelerate technology development. NFTs have mostly been art and music based, with gaming and literature joining in at times as well. Liu explained  “for scientists, it is often difficult to get funding, and to get funding through the traditional channels takes a long time.” He added that “NFTs can simplify this and help people to focus more on their real work,” in a statement released by Chemistry World.  “Also, scientists do not have many channels to reach investors, and an NFT marketplace can expand their reach.” NFTs and science have already made a couple of moves that might of sparked the idea that science can in fact sell NFTs. In June 2021, The University of California, Berkeley announced that they will be auctioning off the patent disclosures behind two Nobel prize-winning discoveries made there by selling them as NFTs. They set aside part of a fundraising effort to support basic research at UC Berkeley; the plan worked out for the better, and the University earned $55,000 from an NFT that was based on James Allisons breakthrough research behind cancer immunotherapy back in the 1990s. Liu acknowledges that the technology behind NFTs is still evolving and developing to address these environmental issues, as well as security and copyright issues. “We are connected to a lot of experts in blockchain AI, and we want to develop this marketplace,” he stated. “With our talent pool we want to help solve some of these problems and make NFT exchange better.” The platform is still in developmental stages and is set to be completed by the end of March. Related Reading Bitcoin Is Massively Overvalued, Billionaire ’Bond King’ Jeff Gundlach    

Pay Safe Survey Suggests People Want to Get Paid in Crypto

Leading payments platform Pay Safe has conducted a new survey that suggests more than half the world’s crypto owners would prefer to earn their salaries in bitcoin or other forms of crypto rather than in fiat currency. Pay Safe: Most People Want Crypto-Based Paychecks The study shows that around 55 percent of individuals who own...

The post Pay Safe Survey Suggests People Want to Get Paid in Crypto appeared first on Live Bitcoin News.

Popular Analyst Predicts Bitcoin (BTC) Bullish Rally Around the Corner

Popular Analyst Predicts Bitcoin (BTC) Bullish Rally Around the Corner

Poppe said the market is undergoing fundamental adoption right now. Long-term holders are consolidating their holdings slowly. Bitcoin (BTC) may

The post has appeared first on thenewscrypto.com

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