Remember that not exchanges are the same in how they operate and their risk.
You have Coinbase that essentially is a pure exchange. The only* interest they offer is interest gained from staking your coins with the native infrastructure for the coin. Most of their money is made via fees and the spread. They keep most of the crypto in cold storage and a small amount in hot storage.
You have Celsius and Nexo that are primary lending platforms and secondarily exchanges. They promise high APR and then invest that money in third parties to get high returns. They are susceptible to smart contract hacks and insolvency of the third parties. There is significant risk.
Gemini, Genesis, and Voyager are more hybrid entities. They offer βmediumβ staking returns by investing, but do make a lot of their money via being an exchange. They do invest in third parties and do have greater risks of insolvency.
You can get bonuses upto $100 FREE BONUS when you:
π° Install these recommended apps:
π² SocialGood - 100% Crypto Back on Everyday Shopping
π² xPortal - The DeFi For The Next Billion
π² CryptoTab Browser - Lightweight, fast, and ready to mine!
π° Register on these recommended exchanges:
π‘ Binanceπ‘ Bitfinexπ‘ Bitmartπ‘ Bittrexπ‘ Bitget
π‘ CoinExπ‘ Crypto.comπ‘ Gate.ioπ‘ Huobiπ‘ Kucoin.
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