What Do I Do With All This BCH?
Bitcoin Cash is taking some presence in this community lately. Probably you’ve heard about NoiseCash or ReadCash. Well, I didn’t earn a dime in ReadCash yet but I earned around 5€ worth BCH with Noise.
If you are like me and you are using one of these platforms then you will have a pile of BCH in your wallet, and probably, a pile of questions in your head. But the main question is the one you read in the title.
Let me be honest, Bitcoin Cash is not an Ethereum token, neither is Bitcoin but a hard fork of it. Therefore, the investment opportunities with this currency are kinda limited. We have seen unlimited forms of earnings in Hive and Ethereum but in this case, we have a small number of choices.
Celsius
Celsius offers a good 4.51% interest rate over BCH. This means that at the current rate, for each BHC deposited in the platform we will get 0.05 BCH per year or 0.00096 per week.
Also, you can make the choice to be paid in CEL, the Celsius ERC-20 token, instead of Bitcoin Cash in the case you want to swap for another token or sell it.
Nexo
Nexo is similar, there are a few differences with Celsius. One of them is the interest rate, which is slightly higher, we are talking about 5% but there’s a loyal system where interest could…
