With the market moving sideways and consolidating, it’s a good time to start thinking about how to keep making profits over the long term for now. One common strategy people are looking for is the idea of generating passive income. Whether through the process of yield farming or otherwise, there are many excellent ways you can continue to earn from your crypto assets while you work on other aspects of your daily life.
Nebeus takes up the concept of earning with crypto and gives it its own touch with its crypto rental programs. The way it works is simple – just rent Nebeus your Crypto and earn up to 6.75% interest per year on your Bitcoin or Ethereum. They are even paid in euros every 24 hours.
How exactly does it all work? Read on and we’ll break it down for you.
Why Rent Your Crypto?
Even though the market may not look as exuberant as it did at the beginning of the year, many people everywhere intend to hold onto their cryptocurrencies for the long term. While this is generally a decent strategy, in the long run it will take some time for the value of Bitcoin and other cryptocurrencies to rise again. Until then, there doesn’t seem to be much going on with your digital assets. Given this misconception, a significant number of individuals continue to hold their assets, either in hot or cold wallets.
This is where renting your crypto comes in. With Nebeus’ crypto rental programs, all you have to do is open an account with the platform, rent your crypto directly to Nebeus and get monthly cash refunds. In other words, you can earn passive income without having to sell your digital assets.
To ensure your travel is safe, Nebeus also uses industry-grade cold storage for your crypto assets. That way, you can be sure that you are not exposed to malicious hacks.
In the meantime, you can also use your other remaining digital assets to try out Nebeus’ other services. This includes the crypto-backed loan, exchange and even insurance for digital assets.
What’s not to like when you rent your crypto from Nebeus?
How does it work?
Renting cryptocurrencies works just like any other rental business. For example, someone who wants to use their own vehicle or property would pay you an amount in exchange for that use. In the case of Nebeus, you rent your cryptocurrencies to Nebeus for a predetermined period of time, depending on the rental program you have chosen. The details are written below. In the further process, Nebeus pays you for the use of your cryptocurrencies.
The arrangement is similar to that of a crypto savings account. However, instead of depositing your money into an account and receiving an annual interest rate, rent your crypto assets. This means that you conclude a rental agreement with Nebeus and earn money in the form of a monthly or daily payment based on an effective annual interest rate.
Available program types
Nebeus currently offers you two crypto rental programs to choose from. These are the plans of Juniper and Sequoia, respectively.
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The juniper plan
For people who are sticking to a lesser amount of crypto assets or who just want to try Nebeus’ rental programs, the Juniper plan is a great option. In return for renting your crypto, you will receive a payout of 3.5% per year. All you have to do is rent at least 0.0025 BTC or 0.03 ETH for a minimum one month lock.
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The Sequoia Plan
On the other hand, if you have more cash to spare, you can also consider the Sequoia program. The program offers users a 6.75% return on their crypto rentals. However, you must rent at least 0.12 BTC or 3 ETH for a minimum blocking period of 4 months.
The maximum rental period for these programs is 36 months, and if you start a long-term program, you can withdraw your funds at any time after the blocking period has expired. When your program ends, your assets will automatically be returned to your main Nebeus account.
Whichever program you choose, your journey with Nebeus will go smoothly. All you have to do is sign up for an account and follow the simple steps to start a rental program.
There are also no rental fees and no limits, so you can put as much crypto on as you want for rent.
How do i start
First go to Nebeus.com/crypto-renting to take a quick look at the programs on offer. When you’re done, navigate to the login page to create an account with Nebeus. After that, you will need to verify your identity by entering your details such as your name, address and a selfie for KYC purposes. Once all of that is done, you can start choosing your rental programs and listing your crypto assets for rental. You can then also choose your rental period, which will determine the amount of income you will generate with your cryptocurrencies.
It’s that simple. Even if you are a beginner, don’t worry – Nebeus prides itself on their customer service and has a team that is happy to help if you run into trouble along the way.
Conclusion
With another innovative service, Nebeus continues to take steps to bridge the gap between crypto and fiat currencies. Whether you are just a casual investor or someone who is serious about owning cryptocurrencies, Nebeus rental services are definitely something that you should try. While we wait for the next rally, there is no better way to make your wealth work for you.
Press releases published by Crypto Economy were sent by companies or their agents. Crypto Economy is not part of any of these agencies, projects or platforms. At Crypto Economy, we do not provide investment advice and encourage our readers to do their own research.
