What is Crypto Earnings?
Crypto earnings are the income or profits that an individual or business gains through crypto-related activities. These activities include trading, lending, and borrowing cryptocurrencies via the crypto trading platforms.
Crypto lending works in two formats
- Crypto Lenders:
Here, lenders are individuals or entities willing to gain interest or fees for their cryptos via the best crypto lending platforms.
On the other hand, individuals or entities are looking to obtain cryptocurrencies for various reasons, such as trading and investing. Mostly, the borrowers agreed to repay the borrowed amount with interest of some fee within a specified timeframe.
Key Aspects of Crypto Lending:
Interest rates: The interest rates for the crypto vary among the different factors, such as supply and demand for the particular crypto, based on the crypto exchange platform they choose, and market conditions. Bitcoiva, the best crypto exchange platform in India, offers up to 40% APY (Annual Percentage Yield) for most cryptocurrencies.
Collateral: Most crypto lending platforms require borrowers to provide collateral in the form of crypto to avoid the risk. The lender can seize the collateral to overcome the loan the borrowers fail to repay.
Duration: Based on their chosen platform, crypto earnings plans can vary from days to months. Bitcoiva offers a crypto subscription plan from 30, 60, 90, 120, 180, 270, and 360 days. For each plan, the interest rates can vary.
Risk and Rewards: The traders can get an opportunity for a passive income through substantial interest rates as a reward. But sometimes, it will be risky when the chosen crypto has some downtrend price fluctuations.
Regulation: There are some regulatory governing bodies for crypto lending platforms. However, some countries may still need to define crypto guidelines clearly.
What is meant by the Standard USDT earning Plan in Bitcoiva?
The standard USDT earning plan in Bitcoiva offers 48% to 61.5% interest rates with a minimum deposit of 10 USDT. It is a One-year plan, and the users can get benefits in two ways:
- Auto-subscription Off:
The subscribers can get up to 48% interest rates by turning off the auto-subscription plan, and they can also benefit from the interest on daily withdrawals of 0.133%.
2. Auto-Subscription On:
Subscribers can get up to 61.5% interest rates by enabling the auto-subscription option, but they cannot withdraw the interest rates daily. At the same time, it works on a compounded interest rate basis.
Note: The auto-subscription option enables you to subscribe to your plan once it expires automatically
Referral Bonus for the USDT plan
The subscribers can get a one-time referral bonus of 5% from each subscription. They also can enjoy 12% interest on ROI. The subscribers can also withdraw 0.033% daily as a referral bonus.
Important Note: The subscribers can also unsubscribe from the plan at any time with a 5% cancellation fee.
How do you start earning from the Standard USDT plan in Bitcoiva?
Here is the step-by-step guide to earning with Bitcoiva’s USDT earning plan.
Register your mail ID and phone number via www.bitcoiva.com or download the bitcoiva android app.
2. Verify KYC
Upload your bank account details and wait until verification is approved. Create a security pin for deposit and withdraw your funds.
3. Deposit and buy USDT
Deposit your Fiat currency and transfer it from the main wallet to the spot wallet. Then, buy the USDT that you wish to earn. Again, transfer it to your earnings wallet and choose the plan and auto-subscription option for your USDT.
Note: Those who are already crypto enthusiasts in Bitcoiva can follow the third step. Users can also directly deposit their USDT using the deposit address. Traders can swap their Fiat for USDT and subscribe to the plan from their earnings wallet.
Visit Us At: www.bitcoiva.com