Celsius Will Offer Compounding Crypto Interest As of Feb. 1

January 25, 2020  /  by Crypto.IQ
The Founder of popular crypto lending and borrowing platform Celsius, Alex Mashinsky, has announced that on February 1 the platform will begin offering compound interest on cryptocurrency deposits. Compound interest is when the interest earned on a deposit is immediately re-invested so that the money earned from interest immediately accrues interest. This leads to exponential… Read more

The Complete Guide To Accepting Bitcoin (BTC) As A Merchant

November 26, 2019  /  by Crypto.IQ
The Complete Guide to Accepting Bitcoin (BTC) as a Merchant The crypto crowd probably has more than its share of entrepreneurs, so for those of you of that mindset, we present a complete guide on how merchants can begin accepting Bitcoin (BTC) if they aren’t already. That includes how to choose the right wallet, how… Read more

Coinmine Offering 6.5% Interest for Users Who Keep Funds in Their Wallet, but There Is a Catch

November 15, 2019  /  by Crypto.IQ
Coinmine is a company that produces easy to use mining rigs that are essentially plug and play, making it foolproof for people to mine who do not know how to mine and do not have the time to learn. However, Coinmine has caught flak because it would take decades to break even, assuming that technology… Read more

Coinbase Is Making Staking Easy By Offering 5% Annually For Holding Tezos (XTZ)

November 11, 2019  /  by Crypto.IQ
Coinbase is bringing staking to the masses in a convenient way via offering users 5% annually for holding Tezos (XTZ) in their wallet. Users must hold Tezos (XTZ) in their wallet for 35-40 days, and after that, staking rewards will accumulate every three days. Tezos (XTZ) is the most popular Proof of Stake (PoS) cryptocurrency at this time… Read more

New Blockchain Start-Up to Simplify the University Application Process

October 24, 2019  /  by Crypto.IQ
Education Index has unveiled software that will simplify matters for students in need of sending their applications to universities. The Libereka Common Application & Scholarship System (LCASS) will allow students to submit multiple applications and apply for scholarships with a single form.  Libereka stores student information such as academic credentials, transcripts, and other documents on… Read more

The Crypto Lending Industry Has Learned from the Mistakes of the Past and Is Now Nearly 100% Collateralized, Paving the Way for Rapid Growth

October 18, 2019  /  by Zachary Mashiach
Uncollateralized Loans And Market Volatility Turned Early Crypto Lending Into A Disaster The early days of the crypto lending industry were for the most part disastrous. Borrowers and lenders interacted on peer to peer platforms like BTCJam and BitLendingClub. Borrowers would apply for a loan by explaining what they needed the loan for and by… Read more

Coinbase Is Now Offering 1.25% Interest for Holding USD Coin (USDC), What Is Coinbase’s Incentive for Doing This?

October 3, 2019  /  by Zachary Mashiach
Coinbase, the most popular retail cryptocurrency exchange in the United States, is offering customers 1.25% interest per year for simply holding USD Coin (USDC) in their accounts. Essentially, this is similar to banks that offer users an interest rate for holding money in a savings account. Banks generally loan and invest money held in savings… Read more

Binance Launches a Dedicated Staking Platform for Eight Cryptocurrencies

October 2, 2019  /  by Crypto.IQ
Top crypto exchange Binance has announced the launch of a staking platform that will allow users to earn monthly rewards just for depositing and holding funds. According to the official announcement, this new platform is going to be available as a value-added service, giving users a chance to earn “staking rewards without the need to… Read more

Pi — The First to Introduce Cryptocurrency Mining on Mobile

September 25, 2019  /  by Crypto.IQ
There are many concepts worth keeping an eye on in the cryptocurrency world. One of them is the mobile cryptocurrency mining concept, first introduced by Pi. Users of the Pi Network, a new mobile application developed by a team of Stanford graduates, can earn the Pi cryptocurrency on their mobile phones. In the early days… Read more

Celsius Network Introduces Weekly Compound Interest For CEL Token Holders

September 5, 2019  /  by Crypto.IQ
On Thursday, Celsius Network announced that it would be offering CEL token holders compound interest. The crypto lending and borrowing platform indicated that CEL token holders would earn interest at 3% rate per year. The announcement indicated that US customers would get automatic enrolment into the weekly compounding interest program. Non-US Celsius users will have… Read more
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