Version 2

Author: Brendon Wong

Date Updated: 2021-11-18

Date Added: 2021-11-18

Research Phase: Medium Investigation - We’ve had multiple researchers review this recommendation

Pitch: Instead of earning under 1% interest on your savings account, you can earn 8%–12% interest with accounts offered by crypto lending organizations like BlockFi

Audience: 100% - Most US adults
Benefit: Earn 8%+ interest per year, given a low (likely <5%) annual risk of loss
Certainty: 100% - Interest payouts have been verified
Difficulty: Low-moderate - Hesitation around new technologies and setup logistics

High-Quality Readings

Risk of cryptocurrency lending

Product Recommendations

We recommend

Societal Recommendation