The world of digital currencies not only offers Argentines an easy, legal and unlimited way to save in an asset that is quoted in dollars, but also allows them to obtain a rate for their funds.
Exchanges allow users to invest in yield farming instruments. It is based on participating in decentralized investment protocols (DeFi) to receive rewards by two means:
Protocol incentives: the rewards or interests native to the project, rewarding for “supporting” it
Tokens for providing liquidity: the user receives native assets of the protocol in which they are participating
In summary, income is obtained by lending funds to third parties and through programs called smart contracts, the lender receives commissions.
How much can you earn by investing $150,000 in a Binance “crypto fixed term”?
In the case of volatile currencies, that is, those that have a price that can change abruptly with respect to the dollar, Binance offers the possibility of investing in Bitcoin, with a 2% annual rate; and Ethereum, with a yield of 2.70% per year.
In this way, with 150,000 pesos, 0.027399 Bitcoin would be acquired. The estimated returns in Bitcoin are as follows, with their respective values in pesos at today’s price:
- 1 week: 0.000011 BTC
- 30 days: 0.000045 BTC
- 90 days: 0.000135 BTC
- 1 year: 0.000553 BTC
For its part, with 150,000 pesos you can obtain 0.375752 ETH. In this case, projected returns for Ethereum are as follows, with their respective values in pesos as of today:
- 1 week: 0.000195 ETH
- 30 days: 0.000835 ETH)
- 90 days: 0.002510 ETH)
- 1 year: 0.010283 ETH)
With regard to “crypto dollars”, that is, stablecoins that trade on a par with the greenback, Binance offers the possibility of investing in USDT, with a 3.50% annual rate; and DAI, with an annual yield of 1.19%.