How to earn crypto rewards
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5. 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. You need a crypto wallet that is compatible with DeFi apps. Coinbase Wallet (which is a separate product from the main Coinbase app and can be used by anyone, not just Coinbase customers).Via Coinbase Wallet, you can experiment with lending some of your crypto — the simplest way to start is with a stablecoin — via DeFi protocols such as Compound or Aave.
You can also earn $10 in Bitcoin by inviting friends to Coinbase.
Visit coinbase.com/rewards today.