There is no doubt that crypto coins and blockchain technology are slowly but surely changing how people choose to store their assets. A couple of years ago, pre-crypto, most people stored their assets in the form of gold or savings in banks. However, this has all changed ever since Bitcoin was made public. Now it’s no longer news for anyone to have their own crypto wallet and know how to buy xrp or bitcoin.
These days, there are plenty of crypto services with each of them offering better services than fiat currency platforms. Crypto users can save their crypto coins in an interest earn crypto wallet and earn free crypto without even trading. If you’re interested to earn crypto, then you’re in the right place.
In this guide, we will cover everything from how you can buy your first crypto coins to how you can start earning interest from your crypto savings. However, before we go any further, make sure you do adequate research before investing in crypto coins.
Buying Your First Crypto Coins
There are plenty of crypto exchange platforms that you can buy crypto coins from. You will need to sign up for an account first. The signup process is quite simple as all you need is an email address and you’re all set.
Once you register for an account, you might be requested to validate your account before you can set your preferred payment option. On some platforms, you may only be asked to validate your account when you’re completing transactions.
When looking for a crypto exchange platform, consider one that offers a high interest crypto savings account, too. There is no need to store your crypto assets on a platform where they will not earn any interest. The main goal of investing in crypto assets is to gain profits.
What About YouHodler?
YouHodler has been around for quite a while. The crypto exchange platform offers a bitcoin wallet with interest as its main service. Registered users can take advantage of the pro-savings account feature and save as many crypto assets as they can. YouHodler offers a 12.3% APR compounded interest. The interest earned is deposited into your account at the end of every week.
There is no better time to buy crypto than now. However, before you invest, make sure you do your research and avoid following what some social media influencers may market as the new “Bitcoin.” The crypto market is highly volatile and prices often fluctuate significantly without any warning.
Coins with high liquidity are the best investment options. Some of the crypto coins with high liquidity at the moment are Bitcoin, Ethereum, and Solana. However, blockchain developers are creating new coins almost every month, so always be on the lookout. Lastly, don’t forget to open and save your assets in a high interest crypto savings account.