Update: MyConstant has ceased operations. User withdrawals have been paused.
Find updated MyConstant promotions and bonus offers here.
MyConstant (myconstant.com) is offering 18% APR when you invest your first $1,000 in any 30-day loan, triple their usual rate. Also lend your crypto to earn 12.% APY in USDT & USDC for deposits up to $20,000.
MyConstant matches borrowers who need a loan with lenders who want to make extra cash. But unlike other lending platforms, your investments are secured by borrower collateral – in the form of cryptocurrency – and smart contracts. Let’s get into all the nitty-gritty details below.
Update 10/24/22: Here’s an update on their rates for lending/borrowing USD. Starting October 24th, 2022, you can officially lend or borrow USD in a crypto-backed loan for 9 months at 9% APR. With MCT membership, that rate can be even higher—up to 10.8% APR.
MyConstant USD Fiat Lending Bonus: 18% APR (Triple Returns) In Any 30-Day Loan
Update: This welcome offer changes often. Please click the referral link below to get the latest one.
Earn 18% APR when you invest at least $1,000 in any 30-day loan, backed by liquid collateral that is sold if borrowers default.
Sign up now and you’ll also receive a free $4,000 trial of their anytime-withdrawal investment account. You earn 4% APY for 15 days and the interest is yours to keep (but not the $4,000).
Here are some features of USD Fiat Lending:
- Earn up to 7% APR in a fixed-term loan.
- No hidden fees & free USD withdrawals
- All loans are backed up to 200% with easy to liquidate assets.
MyConstant Crypto Lending Bonus: 10 USDT Sign Up Offer & 12.5% APY in USDT & USDC
Sign up with my referral link below to earn a 10 USDT bonus.
Then, lend your crypto to earn 12.5% APY in USDT & USDC for deposits up to $20,000. Deposit over that amount will earn 4% APY (on USDT or USDC) or 7% APR (on PRV).
Here are some features of Crypto Lend:
- Instant Earnings. Earn interest compounded and paid every second.
- Secure Storage. Your crypto is protected by a mix of hot wallets and a $10 million guarantee*.
- No Fees. They don’t charge you a cent to deposit or invest crypto. (You may be subject to network fees to send your crypto).
- Withdraw Anytime, Anywhere. Withdraw your crypto at any time (Please be aware processing times vary from minutes to a few days).
*The MyConstant Guarantee defines a limit of investment within which MyConstant can protect invested funds from loss or theft while in the custody of third parties.
MyConstant Bonus: 10 USDT Referral Rewards
Get 10 USDT for you and a friend when your friend does one of the following:
- Lends crypto valued at $100 or more and holds it for 30 days.
- Borrows at least $500 in one or more crypto-backed loans.
Log into your account to make the referral.
MyConstant Features
When the borrower signs up for MyConstant, applies for a loan and is approved, an algorithm matches them with lenders who have signed up to fund loans. The platform features:
Secured investments. MyConstant borrowers are required to put down collateral that is equal to 150% of the loan. Traditionally, collateral is something tangible, like a car or a business. Instead, MyConstant crypto-backed loans work with collateral in the form of cryptocurrencies, like Bitcoin or Ethereum.
Secure escrow. Borrower collateral is either held in an Ethereum smart contract or in a BitGo cold wallet, insured up to $100 million. If the borrower defaults on the loan, their collateral is automatically sold and you’ll get both your principal and the profit back, guaranteed.
Low minimum. You can start investing with just $50.
Your rate and terms. Choose the interest rate you want to earn, and your term, from 30 days to 18 months.
Automatic APY. When your funds are waiting for a match, they’ll sit in a Flex deposit account and earn an automatic 4% APY. You can withdraw your Flex funds at anytime, for free.
No fees for investors. There’s no fee to invest or to use MyConstant, and all crypto and fiat withdrawals are free. MyConstant gives you flexibility to earn interest on crypto up to 4% APY.
No banks. So investments happen quickly and without much hassle.
READ MORE: SEE THE BEST BANK BONUSES HERE AND THE BEST INVESTING BONUSES HERE.
Discover more from MoneysMyLife
Subscribe to get the latest posts sent to your email.
Hey, what did you think of that MyConstant signup link I shared? It’s a collateral-backed P2P lending platform that pays up to 7% APR (5x better than a CD!). I’ve invested and love it – give it a try here: https://www.myconstant.com/sign-up?r=daybreaker.ac