How To Earn A High Interest Rate Without A Bank (DeFi)

In this video, I discuss how to create your own high interest rate savings account using ETH and DeFi protocols like MakerDAO, Uniswap, and Aave.

This is a brand-new, permission-less form of online banking that runs on the Ethereum network and uses decentralized apps (DeFi protocols).

Transaction fees are still very high in this space, but should come down in the future, if Ethereum is able to scale.

DeFi is still very new and untested, so don't risk any money that you cannot afford to lose.

Not investment advice! Consult a financial adviser.

Loanscan:
loanscan.io/

Metamask wallet:
metamask.io/

Coinbase Pro:
pro.coinbase.com/trade/ETH-USD

MakerDAO and DAI:
makerdao.com/en/

My favorite stablecoin (DAI):
youtube.com/watch?v=tX2ya5rcEjE&ab_channel=…

Uniswap:
uniswap.org/

Aave:
aave.com/

DeFi Pulse:
defipulse.com/

Crypto market caps:
coinmarketcap.com/

Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market":
amazon.com/Beginners-Guide-Stock-Market-Everyth…

If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here:
trader.university/join

Use this secret coupon code to get a discount: YT99

#DeFi
#Cryptocurrency
#Ethereum


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