Shift into DeFi! The Best Way to Manage your Cryptocurrencies Directly (and still earn passive income)

A guide to directly storing crypto for newcomers — and ‘experts’, 2020+

The future is de-fi, without any intermediaries. Crypto was designed to replace banks, and for you to be your own bank. It’s worth remembering this. It’s easy to forget. In fact, everyone in crypto at some point gets pulled in by centralised services.

The cryptocurrency space is evolving rapidly and can create difficult choices in terms of how to manage and store your investments. Various platforms produce considerations and trade-offs not just for newcomers but even those already familiar with the technology, but finding themselves going deeper down the ‘rabbit-hole’ of crypto. A sign of this is that you’re investing in a wider or more diverse array of tokens and platforms.

So what is the best way to ‘hodl’ or store them? What wallets should you use? Should you trust third-party ‘crypto banks’, web wallets, online platforms and centralised exchanges? There are some very secure, noteworthy services doing all they can to hold your cryptocurrency for you. These include Coinbase, Binance and various borrowing and lending platforms like BlockFi and Nexo…