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As of June 2021, you can earn 2.00% APY rewards by simply holding Dai in your Coinbase account. You can also earn 0.15% APY for holding USD Coin — and can earn even more via USDC Lending (see tip No. 4). 4. Lend some of your crypto with CeFi. It can be challenging at times to hold dollars in a traditional savings account and earn meaningful ...

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2. Stake some of your crypto. Many cryptocurrencies now use a “Proof of Stake” consensus mechanism — which is a way their decentralized networks can ensure that all transactions are verified and secured without a bank or payment processor in the middle. With such cryptocurrencies, you can earn rewards simply for contributing to the …

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