12-31-2021, 04:16 AM
The average interest rate for a savings account is 0.06%. You can easily get 6% usin
<!-- SC_OFF --><div class="md"><p>Banks are the biggest scams in the world. </p> <p>They are giving you you interest rates of 0.06% for your money but if you want a loan you need to pay them 10% interest on average. </p> <p>On crypto, you can easily get 6% interest on stable coins - probably more. And lending is so much cheaper. </p> <p>I get that some people might think stablecoin staking / defi isn’t as secure as banks. It might be true, but if we want change we must take a leap.</p> <p>Do you stake stable coins? If so, where and which one? </p> <p><sup>the</sup> <sup>numbers</sup> <sup>are</sup> <sup>just</sup> <sup>averages.</sup> <sup>You</sup> <sup>most</sup> <sup>likely</sup> <sup>will</sup> <sup>be</sup> <sup>able</sup> <sup>to</sup> <sup>get</sup> <sup>better</sup> <sup>rates.</sup></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SoonMoonn"> /u/SoonMoonn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rsd3hy/the_average_interest_rate_for_a_savings_account/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rsd3hy/the_average_interest_rate_for_a_savings_account/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Banks are the biggest scams in the world. </p> <p>They are giving you you interest rates of 0.06% for your money but if you want a loan you need to pay them 10% interest on average. </p> <p>On crypto, you can easily get 6% interest on stable coins - probably more. And lending is so much cheaper. </p> <p>I get that some people might think stablecoin staking / defi isn’t as secure as banks. It might be true, but if we want change we must take a leap.</p> <p>Do you stake stable coins? If so, where and which one? </p> <p><sup>the</sup> <sup>numbers</sup> <sup>are</sup> <sup>just</sup> <sup>averages.</sup> <sup>You</sup> <sup>most</sup> <sup>likely</sup> <sup>will</sup> <sup>be</sup> <sup>able</sup> <sup>to</sup> <sup>get</sup> <sup>better</sup> <sup>rates.</sup></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/SoonMoonn"> /u/SoonMoonn </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rsd3hy/the_average_interest_rate_for_a_savings_account/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rsd3hy/the_average_interest_rate_for_a_savings_account/">[comments]</a></span>Kind Regards R
