Andreas Antonopoulos: Use DeFi Contracts for BTC Passive Income

Cointelegraph

Published Jun 29, 2020 02:47AM ET

Updated Jun 29, 2020 04:20AM ET

Bitcoin educator Andreas Antonopoulos says there are risks behind any current method of earning steady income with one’s Bitcoin holdings, but DeFi offers one of the few ways to do so without “giving your money to other people.”

In a on Antonopoulos’ YouTube channel on June 27, he said decentralized finance (DeFi) contracts were one way for Bitcoin (BTC) owners to generate passive income without relinquishing custody of their coins. “Passive income” refers to money earned using methods that require little-to-no effort.

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