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- Investors are earning hefty yields by lending cryptocurrencies.
- FalconX’s David Martin shared with Insider how to get started lending cryptocurrency.
- Martin also broke down why stablecoins are yielding so much right now.
The surge in interest in cryptocurrency this year has made some investors extremely wealthy.
Before the broader crypto sell-off in recent weeks, bitcoin had risen as much as 115%. Dogecoin had risen more than 12,000%. Ethereum had risen more than 470%. Other coins have also seen big gains as investors have snatched them up.
But for those investing in cryptocurrencies for the long-term, there’s a simple way to add to these gains: loaning the currencies out.
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