Earning Yield

crypto-backed loans: Passive Income Strategies

Discover how to earn passive income through crypto-backed loans. Strategies and tips for South African crypto investors.

Earning Passive Income with crypto-backed loans

crypto-backed loans offers opportunities for generating passive income in the crypto space. Here is how South African investors can take advantage.

Comparing Yield Options

When it comes to crypto-backed loans, there are several platforms and protocols offering competitive rates. Compare carefully before committing your funds.

Tax Considerations

SARS treats crypto income as taxable. Any earnings from crypto-backed loans must be declared in your annual tax return.

Consult with a tax professional familiar with cryptocurrency to ensure compliance with South African regulations.