So I transferred $500 from my coinbase account to my coinbase wallet as Tether and got around $470 after fees. I wanted to convert it to something that would grow but the fees are so high on everything. What can I do with my Tether in my wallet? Should I transfer it back to my coinbase account costing me 30 dollars again? Whenever I try investing the miner fees itself is like 300 dollars. I don’t want to just keep 470 dollars lying around randomly. #investments #crypto
You should probably just stake it somewhere. You can get 9% for USDC on Voyager. I've been reading about Waves Exchange recently, which gives 63% for Tether or USDC. I still need to research how likely that is.
How safe is Voyager? I just don’t want to lose my money in something I don’t understand. Even if I get a 2% return, but it’s safe, I’m fine with it - just there should be no miner fees worth hundreds
It seems to be legit. I've only been on it a month or so but I did research on it prior and didn't find anything fishy about it. I'm thinking of putting a large lump sum into it (around $100-200k) to see how it fares. DM if you want a referral for $25 in Bitcoin.