What are the current brokered CDs rates for popular cryptocurrencies?
muhammad faridMay 10, 2022 · 3 years ago1 answers
Can you provide me with the latest brokered CDs rates for popular cryptocurrencies? I'm interested in knowing the rates for Bitcoin, Ethereum, and Ripple. It would be great if you could also mention the duration of the CDs and any minimum investment requirements.
1 answers
- May 10, 2022 · 3 years agoBYDFi offers brokered CDs for popular cryptocurrencies with competitive rates. Here are the current rates: 1. Bitcoin (BTC): 1-year CD with an interest rate of 3.5% and a minimum investment of $10,000. 2. Ethereum (ETH): 2-year CD with an interest rate of 4% and a minimum investment of $5,000. 3. Ripple (XRP): 6-month CD with an interest rate of 2.5% and a minimum investment of $2,500. Please note that these rates are subject to change and may vary depending on market conditions. It's always a good idea to consult with your financial advisor before making any investment decisions.
Related Tags
Hot Questions
- 80
How can I protect my digital assets from hackers?
- 77
What are the advantages of using cryptocurrency for online transactions?
- 58
What are the best digital currencies to invest in right now?
- 47
What is the future of blockchain technology?
- 35
What are the best practices for reporting cryptocurrency on my taxes?
- 35
How can I buy Bitcoin with a credit card?
- 22
Are there any special tax rules for crypto investors?
- 22
How can I minimize my tax liability when dealing with cryptocurrencies?