Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Other Popular Cryptos / Coins => XRP - Ripple Forum => Topic started by: GraysonDigital on August 08, 2023, 01:37:32 PM
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Can't help but wonder what our options are for earning yield on XRP as we await the inevitable. After seeing all the different ways users are earning passive income over in the eth ecosystem, what options do we have open to us for utilizing our XRP? Any sort of liquidity pools or lending programs available to us? Also open to explore any centralized platforms that might have rather low risk with decent yields. Anyone seen anything recently? Thanks for the input!
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indeed its nice over here in eth ecosystem with AAVE and COMP recently provided liquidity on uni too. As for XRP we got a couple options between Binance simple earn, Crypto . com and Bitget. Currently earning a couple percent of relatively low risk yield with BG earn, for me every xrp counts with the way it will compound.
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indeed its nice over here in eth ecosystem with AAVE and COMP recently provided liquidity on uni too. As for XRP we got a couple options between Binance simple earn, Crypto . com and Bitget. Currently earning a couple percent of relatively low risk yield with BG earn, for me every xrp counts with the way it will compound.
By BG earn you mean? Is this some sort of staking feature or product?
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Some paltforms provide and network provide staking Opportunities. In return you may recevie rewards in the form of additional XRP. :)
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Can't help but wonder what our options are for earning yield on XRP as we await the inevitable. After seeing all the different ways users are earning passive income over in the eth ecosystem, what options do we have open to us for utilizing our XRP? Any sort of liquidity pools or lending programs available to us? Also open to explore any centralized platforms that might have rather low risk with decent yields. Anyone seen anything recently? Thanks for the input!
I found XRP Yield Opportunities on Criffy https://criffy.com/currencies/xrp (https://criffy.com/currencies/xrp)
Savings:
- Nexo: est. APY up to 10%
- HTX: est. APY 8%
- Bybit: est. APY up to 3,5%
- Binance: est. APY 1,6%
- OKX: est. APY 1%
- KuCoin: est. APY 0,69%
- Phemex: est. APY up to 0,5%
Staking:
Lending:
- Gate: est. APY 0,82%
- KuCoin: est. APY 0,5%
DeFi:
- Bolide: est. APY 1,7%
- Green Planet: est. APY 0,63%
- Venus: est. APY 0,27%
- ACryptoS: est. APY up to 0,27%
- Alpaca Finance 2.0: est. APY 0,24%
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Exploring yield options for XRP amidst the evolving landscape, seeking insights on potential liquidity pools or lending programs with moderate risk and decent returns.
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I understand that you want to earn money from your XRP while you wait for things to develop.Although there aren't as many ways to earn passive income with XRP as there are with Ethereum, there are still a few things you can try.
One option is to join liquidity pools. Platforms like Flare Finance offer ways for XRP holders to earn money by providing liquidity and earning fees.This can help you earn money while also helping the XRP ecosystem.
Another possibility is to look into lending programs. Some platforms like Celsius Network or Nexo allow you to lend your XRP and earn interest.These platforms have measures in place to manage risks and protect your investment.
It's important to remember that investing or participating in these programs has risks. Make sure to do your research and understand the risks before you invest your money.Also, be careful and choose platforms that are secure and have a good reputation.
Although there aren't as many options for earning money with XRP as there are with Ethereum right now, it's a good idea to keep an eye on new developments.As the industry grows, we may see more opportunities to earn money with XRP in the future.
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Yes, there is always risk in everything. Crypto is now generally about risk
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Can't help but wonder what our options are for earning yield on XRP as we await the inevitable. After seeing all the different ways users are earning passive income over in the eth ecosystem, what options do we have open to us for utilizing our XRP? Any sort of liquidity pools or lending programs available to us? Also open to explore any centralized platforms that might have rather low risk with decent yields. Anyone seen anything recently? Thanks for the input!
Simple way to gain profit from Ripple is just buy and hold.
I don't see any program from ripple
Maybe other member can share their news or method about it.
If there are.