Guest Post

Crypto-Rentals With Nebeus: How to Earn 12,85% Per Year on Your Stablecoins

Written by: Coinpedia

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Coinpedia

Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

    Aug 12, 2021

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    Introduction

    The hype surrounding stablecoins is here to stay. These digital assets admittedly do not yield sky-high returns like Bitcoin, Ethereum, and other altcoins do. However, that’s exactly the point – these coins are meant to be stable stores of value and a means of transaction. Their value lies in helping individuals find an alternate way to transact and ultimately promote the mass adoption of cryptocurrencies. 

    But that doesn’t mean you can’t profit from holding stablecoins. Stablecoins also have the potential to provide you with a regular and consistent source of passive income. If you’re someone who doesn’t have time to monitor the markets and analyze your investment positions every day, this might be just the method for you to make gains. 

    In this article, we’ll share more about stablecoins, and how you can earn a return of up to 12,85% a year on them. 

    What are stable coins?

    Stablecoins are cryptocurrencies that keep their value more or less consistent as time goes by. Their value is kept the same by being fixed to a state-backed currency, such as the US Dollar. Some common examples of this include Tether (USDT), the USD Coin (USDC), the Gemini USD (GUSD), or DAI.

    These coins are predominantly used to help preserve value or act as a means for merchants and individuals to buy or sell goods to and from each other. Unlike other coins, these coins are not meant to be an investment that produces astonishing gains.

    What is crypto renting?

    As we mentioned above, it is still entirely possible to earn and profit using your stablecoins. While some platforms offer options to earn through offering yield farming or savings accounts, Nebeus has put a unique spin on their passive earning opportunity. Nebeus offer their users ‘crypto renting’ programs. The idea behind this is easy – you rent your stablecoins (or any other crypto asset that the site supports) directly to Nebeus, sign a rental agreement, and start earning up to 12.85% per year on the assets that you rent. If you wish, you can also opt to get paid as often as every 24 hours. Nebeus, in particular, supports USDC and USDT on these programs.

    For crypto investors and stablecoin holders, it’s a win-win situation. You can hold on to your assets and earn passive income at the same time.

    Okay, so how do I do it?

    As its name implies, the process of crypto renting is just like how a renting business would operate. For example, with a property rental company, you would pay the owner of the property an amount of money in exchange for the ability to use the property. In this case, you will do the same with Nebeus – as the owner of the digital assets, you enter into a contractual agreement to rent out your cryptocurrencies to Nebeus in exchange for a payout based on an annual percentage rate of the currency you rent out. 

    Please continue reading for a step-by-step walk-through. 

    Step 1: Create an Account on Nebeus

    To access the Nebeus platform, you need to create an account by going through a simple and fuss-free process. Follow the steps to fill in your details, go through a quick and straightforward identity verification process, and you’re ready to go.

    Step 2: Choose your Plan

    Nebeus has four rental plans for you to choose from – Juniper, Sequoia, Baobab, and Bonsai. Like these beautiful trees, the idea behind these rental programs is growth. When you take on one of these plans, you sow the seeds for yourself to eventually reap later on in the form of financial gains. 

    While you can use the Juniper and Sequoia plans to rent out other digital assets, we’ll focus on Baobab and Bonsai today since these are stablecoin-focused rental programs.

    The Bonsai program is made for people who might not have too many digital assets on hand or simply want to try out the rental program with a small amount of money first. All you have to do is rent out at least 50 USDC or USDT to Nebeus for at least one month. In return, you’ll receive a payout of 6.5% per year.

    On the other hand, if you want to benefit more, you can give the Baobab program a go. Using this program, you will have to rent out a minimum of 1000 USDC or USDT for more than four months, but in exchange, you’ll start earning a massive 12.85% per year payout!

    Step 3: Deposit, Wait, and Get Your Crypto Back

    You can open any crypto renting program for up to 36 months, and after depositing your crypto, you just need to sit back, relax, and start receiving your payouts. Once your rental period is over, you will receive your rented assets back directly in your Nebeus account.

    Conclusion

    Whichever plan you choose, you’ll be happy to know that there are no fees charged for renting at all. This certainly helps remove what could be a barrier to entry. Nebeus believes in a world where you can bridge fiat and crypto, and getting onboard with crypto rentals is the perfect way to start.

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    Coinpedia

    Crypto Journalist and Editor of guest articles in CoinPedia. I am also handling Outreach & Partnerships Manager. Contact me: [email protected]

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