What is the Easiest Passive Stream of Income to Set Up?
Why should I set up a Passive Income Stream?
It’s a hard world out there and getting harder. Insecurity rules the roost. The days of a job for life are gone. Retirement scoots further and further away.
You need extra income. “Invest it!” traditional finance says. If you have money to invest, traditional finance would be happy to take it off your hands. For a fee!
But even though Cryptocurrencies have a reputation for volatility, established Cryptocurrencies such as Bitcoin and Ethereum are proven technology with enough market value to provide a stable (if volatile) market and protection against hackers. There’s safety in numbers.
So, how do you get started? Well, first, there are no miracles here: even the highest interest rates need you to have something to invest in..
Once you have funds to invest, we’re sure that you would appreciate an easy way to make it work for you.
The Easiest Passive Income Stream: Setting up a Crypto Yield Account
Sign up to GCISL for free
Visit the GCISL website to get started. It’s the usual email address/password combination to get started.
Make a Deposit (Bank Transfer, Card Payment or Crypto Deposit)
There are three ways you can get your funds into GCISL. Remember the minimum deposit is $500.
- First, you can send in Cryptocurrency you might already own. Have you got coins hanging around from a brief flirtation with Cryptocurrency in 2017? GCISL can generate an address for you to send them to.
- Second, you can send in fiat currency: GBP or Euros, with no deposit fee, and the same minimum deposit applies. You can convert these directly to stablecoins to invest.
- Third, you can purchase Bitcoin in the website using Transak. You can buy with a debit card, and it gets deposited straight into your GCISL account. This is important because you save the transmission fees if you bought Crypto at an exchange and sent it in.
Start Earning Interest!
Now, the easy bit! Sit back, sip a nice hot beverage, and watch your assets increase every second (although the interest is actually calculated and added every day – the good thing about this is that the yield is re-invested…!)
You also need to decide on a withdrawal strategy: are you going to withdraw the interest every month? Every three months? Every year? Luckily, GCISL allows fee-free withdrawal to fiat currencies.
Why is earning interest on Crypto with GCISL a good source of passive income?
One of the best features of our GCISL platform is that we offer excellent interest rates/yield rates.
It’s also super-simple and beginner-friendly, so you won’t spend hours contacting tech support or wrestling with the platform and options. Though our support is very good if you did need it. We’re also kind to beginners by giving you a Bronze Demo plan.
If you’re super-impressed, you can also get an extra % for referrals as soon as the person you invite invests..
Super-Fast Funding
GCISL’s fast funding process means most transfers can be completed in an hour or less. Some deposits can take up to 24 hours, though – this is the fault of traditional banking, not GCISL! It’s a reminder of how clunky traditional banking can be.
Highly Secure – Technologically and Financially
Feeling like your funds are secure is hugely important to peace of mind. GCISL knows that, and we also know that when it’s something as important as security, you call in the best.
GCISL uses the leading security provider Fireblocks to protect its innovative wallets and assets. For financial security, we also fully insure any assets invested at decentralised exchanges that are used to make money for GCISL customers.
Any behind-the-scenes lending GCISL engages in to generate these world-leading interest rates is achieved as safely as possible. All loans to retail investors and institutions are 100%+ collateralised – that is, there is more than enough money put up by the lender to cover a default.
Sounds like Crypto yield accounts are an easy stream of passive income, right? Sign up for free today and see how you can make your money work!