Register using your email
You will use it to log in and communicate with us.
Verify your identity
Use your passport, ID card or driver’s license to confirm that you are who you are.
Make your first deposit
Send EUR via SEPA, SWIFT or debit/credit card to start earning.
What is Banxe Earn?
In short, it is an aggregator of centralised and DeFi lending platforms. We convert your EUR deposit into multiple stablecoins, and allocate them across several platforms to earn you interest.
Periodically, we rebalance your funds between stablecoins and platforms, aiming to maximize the performance of your portfolio.
Sounds complicated? Well, it is. But you don’t need to worry as all the complexity is handled by us.
Still have some questions about DeFi?
We’ve gathered and answered the most common questions asked by our users. If you still don’t find what you need, feel free to use the Live Chat!
As with any form of investing, and especially cryptocurrency investing, there is a chance for a person to lose money. DeFi is no different. Users put money in hoping it grows beyond its initial value, but this is not guaranteed. There are also concerts around smart contract bugs, developer oversight, flash loan attacks, rug pulls and scammers that can leave investors with huge losses. However, like with all investing, it is about weighing risks and rewards and making smart choices.
One of the most straightforward ways to make a passive income with DeFi is to deposit your cryptocurrency onto a platform or protocol that will pay you an APY (annual percentage yield) for it. This will be familiar to people who deposit money in a bank and earn interest, but traditional interest rates are dwindling, nearing zero, and sometimes even negative. In DeFi, the interest rates are substantially higher.
DeFi is a broad topic, and there are several ways to invest in it. The simplest option, which provides only general exposure to DeFi, is to buy a coin popular in the DeFi space, then find a platform or protocol where you can stake said coin, and this will lead to you gaining relatively high interest in the form of APY. The interest rate paid on your deposit can be either fixed or variable and change with the market.
DeFi’s rapid boom has many asking what its purpose is. As with crypto, DeFi is an alternative financial product, or service. Decentralized finance uses cryptocurrency to offer traditional financial services without the need of centralized platforms, like banks. Lending, loaning, staking and other services can be done through blockchain protocols without the inefficiencies and costs of third-party financial service providers.
Cryptocurrencies, and their decentralized operations have shown the world that there is a way to escape the monopoly of fiat currencies that are bank and state controlled. When it comes to DeFi, this is the next step in obtaining true financial freedom separate from these centralised services. DeFi is to crypto what loans are to the US dollar. It is a financial service that makes use of a currency in order to make that currency more applicable and relevant. We need DeFi to make crypto more relevant and usable, and we need crypto to escape financial monopolies and control.
Start earn crypto
You’re only minutes away from starting your earning journey with Banxe earn.