Lend some of your crypto with DeFi apps

 

Lend some of your crypto with DeFi apps

 If you’re comfortable with higher potential risks for higher returns, you can experiment with lending some of your crypto via DeFi apps.  (DeFi remains an emerging technology, so make sure not to invest more than you can afford to lose if you decide to experiment with these protocols.)

 DeFi can enable transparent, peer-to-peer lending for potentially higher yields than traditional financial offerings.  Investors that supply their cryptocurrency to DeFi lending protocols receive rewards for lending to borrowers.  A cryptocurrency wallet that is compatible with DeFi apps is required. Coinbase Wallet (which can be used by anyone, not just Coinbase customers; it is a separate product from the main Coinbase app). Via Coinbase Wallet, you can experiment with lending some of your crypto — the simplest way to start is with a stablecoin —