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[onlyprofits]

The good news for those of us who have some funds in cryptocurrencies does not stop appearing. ? ?
The Wyre company has announced that it has created a savings API called Wyre Saving, this has the peculiarity that it can create a sub-wallet that generates interest on the user's daily balance.?
Wyre is the company that creates the payment APIs that make many applications of many companies work, among the main ones we have MetaMask, MakerDAO, Compound, Coinlist and OpenSea, among many others.
The API works on DEFI and CEFI networks.
The API is compatible with the Bitcoin and Ethereum networks.
So far, the interest rates it offers are as follows:
BTC: 2,431%.
WBTC: 2,401%.
ETH: 3.374%
USDC: 5.873%
DAI: 5.788%.
Wyre is a regulated money services company in the United States and some other countries.
It has not yet started to work in the associated companies, but we will soon have it working and therefore we will be able to earn interest on the cryptocurrency funds that we have in the wallet.

 

[Wisdom01]

Its cool I hope it would be available in my country so it will be beneficial to me , but won't the fluctuations affect or they have their own ways of doing it

 

[onlyprofits]

It is available for all countries in which an account can be opened.
Interest is based on the currency saved, so market fluctuations affect the price against the dollar and against Bitcoin. These two variables are dynamic, they do not depend on the wallet.
The idea is to keep them in the savings sub-wallet as long as nothing is done with them.

 

[Reznov]

i actually managed to get like a 15-16$ of profit from coinbase using the same method, i didn't even know i could do it, since it was hard to find someone who'll buy BTC from me, the BTC's were still there till they increased in price lol

 

[onlyprofits]

i actually managed to get like a 15-16$ of profit from coinbase using the same method, i didn't even know i could do it, since it was hard to find someone who'll buy BTC from me, the BTC's were still there till they increased in price lol

You won was because of the rise in the price of BTC, not because Coinbase paid you interest based on your balance.
What year was that?

This sound and look very interesting my question is how would they generate what they would use to pay those intrest, the intrest is quite huge.

I forgot to clarify, I suppose that interest is annual. Although the report does not clarify it, but it is logical.

 

[ascott]

wow its great / seems like bank bank saving accounts and by the way it will risky hold that crypto currencies there also...be aware

 

[onlyprofits]

wow its great / seems like bank bank saving accounts and by the way it will risky hold that crypto currencies there also...be aware

Wyre is the only company responsible for generating the APIs. If you realize there are very reliable wallets that are partners of Wyre, therefore, it is safe to leave coins in those wallets.

 

[Wisdom01]

This sound and look very interesting my question is how would they generate what they would use to pay those intrest, the intrest is quite huge.

Most of those saving sites generate interest through loans and others when the borrow investors those cash they get interest and share it among those savers

 

[onlyprofits]

I have no idea where they are going to get the funds to pay the interest, the truth is that this company is offering this savings alternative and it must be taken into account

 

[Balint098]

Hmm, I still prefer Freebitco.in annual interest program with 4.08% rate. Plus based on your post we still don't know how they'll earning the interest from, unlike Freebitco.in, which has been proved and trusted since years ago.

 

[Wisdom01]

I have no idea where they are going to get the funds to pay the interest, the truth is that this company is offering this savings alternative and it must be taken into account

Since its regulated and legit then no need to worry ,since some hyip do come in form of saving site and giving interest to users ,so I see no need to worry

 

[onlyprofits]

Hmm, I still prefer Freebitco.in annual interest program with 4.08% rate. Plus based on your post we still don't know how they'll earning the interest from, unlike Freebitco.in, which has been proved and trusted since years ago.

Remember that they are very different conditions. The money that you have static in a wallet such as Metamask, you can transfer it to the savings sub-wallet and generate some interest.
I would not transfer money to Metamask just for the interest, that would add value to the wallet.
Have you transferred money to freebitcoin?

 

[Zihann]

i actually managed to get like a 15-16$ of profit from coinbase using the same method, i didn't even know i could do it, since it was hard to find someone who'll buy BTC from me, the BTC's were still there till they increased in price lol

Can you please share about coinbase interest?How do you manage profit? is there any way? i think they don't have any stalking program or something like that!

 

[Balint098]

Have you transferred money to freebitcoin?

Do you mean depositing some crypto into my Freebitco.in account or fiat money? If it's the former yes I have done that in the past.

Remember that they are very different conditions. The money that you have static in a wallet such as Metamask, you can transfer it to the savings sub-wallet and generate some interest.

On Freebitco.in we don't even have to bother with subwallet, we just need to have at least 30,000 satoshis in our account balance and then we start earning away on that very day. There's no "lockdown" period and you can withdraw both your principal + interest anytime you want.

 

[onlyprofits]

Do you mean depositing some crypto into my Freebitco.in account or fiat money? If it's the former yes I have done that in the past.



On Freebitco.in we don't even have to bother with subwallet, we just need to have at least 30,000 satoshis in our account balance and then we start earning away on that very day. There's no "lockdown" period and you can withdraw both your principal + interest anytime you want.

From what I read, with the wallets associated with Wyre there is no blocking period and there is no minimum, you just have to pass them to that savings sub-wallet.

 

[Balint098]

From what I read, with the wallets associated with Wyre there is no blocking period and there is no minimum, you just have to pass them to that savings sub-wallet.

Same as Freebitco.in then, but Freebitco.in has bigger annual rate + reputation and we know that the interest we earned are from their huge mining operation.

 

[onlyprofits]

Same as Freebitco.in then, but Freebitco.in has bigger annual rate + reputation and we know that the interest we earned are from their huge mining operation.

The idea is not to defend the interest system, but you know the metamask wallet, for many the best for the erc-20 token. I do not doubt that wallet, I only saw the information and wanted to publish it for two reasons, number 1, to earn 50 BMF points and the second to report something that I considered could be of interest to those who have that wallet or any other associated with Wyre.
Freebitcoin is undoubtedly the most famous faucet today and the money you earn there is safe, up to a point. But as I said before, they are totally different, one is a wallet that protects erc-20 tokens, in the case of Metamask, the others I do not know and the other is a faucet, therefore it has a microwallet and the microwallet does not recommend them for custody of money or sending large sums of money to their addresses.

 

[Reznov]

You won was because of the rise in the price of BTC, not because Coinbase paid you interest based on your balance.
What year was that?

yes that's what i exactly meant lol, i made profit just for having my money in coinbase, no effort at all, and it's only in 2020 in June, i don't remember what was the value before i earned that, but it's fine as it's free profit

 

[onlyprofits]

yes that's what i exactly meant lol, i made profit just for having my money in coinbase, no effort at all, and it's only in 2020 in June, i don't remember what was the value before i earned that, but it's fine as it's free profit

Imagine how much it has risen, for March 3 of this year, it had an approximate value of 3858 $ US and now it is around 11,879 $ US. In 5 and a half months it has risen US $ 8,021, which is equivalent to 307% ????

 

[onlyprofits]

Hmm , this if could be verifable by the company as the means then that should be the best story. But it better they state this though.

Sure, I apologize if there is confusion, imagine that those interests are daily?, they would fall within the range of HYIPs, hahaha.