Put your Bitcoin to work by investing easily with Yield Farming. Yield Farming trades your funds for you automatically 24/7, and earns an income by helping other LVL users exchange their cash and crypto.
Yield Farming uses a proven strategy called Market Making, and is powered by state-of-the-art algorithms. Your assets are used to buy crypto below market price and sell it back above market price (your spread). This provides value by creating liquidity for other users, and you earn a profit on the spread you charge.
On Many marketplaces, Market Making is an exclusive privilege reserved for the marketplace or high frequency trading firms. On Coinbase Consumer, for example, consumers are charged a 2-17% Market Making fee, with all proceeds going to Coinbase. Through Yield Farming, we offer Market Making to all LVL Premium members. We don’t take a cut, and Autopilot strategies are included in your subscription.
To activate Yield Farming, first go to the Autopilot screen. Select Yield Farming from the strategies. A red-dot next to the strategy indicates it is not currently active, and a pulsing green dot means it is currently active. First, you can add funds (cash, crypto, or both), and then turn on the coins you want it to trade. Once engaged, it will begin attempting to trade, which is confirmed by the pulsing green dot on the strategies list. The Yield Farming screen will list the 5 most recent trades made.
No investment strategy can completely eliminate the risk of investment losses. You are responsible for the risks and the financial resources you use to determine an investment strategy. You should not engage in trading unless you fully understand the nature of the transactions you are participating in and the extent of your exposure and tolerance for investment losses. If you do not fully understand the risks involved in trading, we encourage you to seek independent advice from a financial advisor.
To add funds to Yield Farming:
- Go to the Autopilot screen, and select the Yield Farming strategy
- Press Add
- Select the asset you want to add: cash or crypto (you can add either or both)
- Enter an amount of the asset to add
- Press the Add button
- Slide to confirm
To remove funds from Yield Farming:
- Press Remove
- Select the asset you want to remove: cash or crypto
- Enter an amount of the asset to remove
- Press the Remove button
- Slide to confirm