Swissborg just added a smart yield program for Bitcoin. Yay!
All you have to do is move over some BTC on their platform or simply buy directly from Fiat money using quick and painless SEPA payments. I found them very easy to work with, the app is simple, sleek, and there’s plenty of informational material in there for the coins they support.
Are they really paying 9% APY?
Well, not really.
But it’s not a lie either. You see, there are many yield programs out there right now. Swissborg claims to bundle up all coin stock and put them in various programs automatically in order to gain maximum yield. Realistically it’s closer to half of what they say, which is rather normal at this point in time, 4.5%. I get 4.6% at Youhodler. So the return may go up slightly up to but not likely 9%, sure.
I like to take a look at their price predictor for Bitcoin as well. I haven’t found it really accurate but I like to check it out for bullish or bearish tendencies in the market.
The yield program is not automatic, you’ll have to go into your balance and move as much as you want to the yield wallet, but it’s pretty straightforward. And it takes about 24 hours to move it back out, so keep that in mind if you’re looking for flexibility.
So, sign up for Swissborg, trade in your fiat money for some sweet bitcoin and start earning!
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