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RE: Take control of your future with high apr HBD savings and a cold wallet

in LeoFinance • 3 years ago

Great advice and I started doing this at 12%APR so no reasons I wouldn’t do it at 20% 😅.

When you mean cold wallet, do you mean I could put them into Hive Savings Account and withdraw them on a ledger and still earn interests on these? 🧐

I am confused on how this would work. Or do you mean I could just secure my hive account with a cold wallet to connect to it?

Thanks in advance if you have the time to answer this.

Sincerely,

CryptoLemon

Posted using LeoFinance Mobile

3 years ago in LeoFinance by
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     3 years ago  

    You can deposit into another account’s savings without having to log into that account. You can just let the account grow and never login until you are ready to withdraw.

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     3 years ago  

    Don't you have to log into this Account to stake the monthly interest?

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       3 years ago  

      No

      Posted Using LeoFinance Beta

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       3 years ago  

      An important thing to know is that the interest is not paid annually, but every 30 days. This means that if you add up the interest received every month, you can obtain an effective rate a little higher than the 10% advertised.
      Another important thing to know is that this interest is not paid automatically every 30 days, but you must claim it!

      https://peakd.com/hive-139531/@arcange/hiveautoclaim-update-hbdinterest

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