re: What to do with cash right now?

I'm looking into putting half of my 6 month emergency fund onto Celsius in US dollar coin in order to earn the current 10% interest rate. Currently have a few hundred worth of bitcoin I sent there as a test. They're paying the interest weekly.

Not too worried about them not being FDIC insured or getting hacked because they are a London Company insured by London insurers.

They do lend money to hedge funds, and if they default people could lose out. Their CEO Alex Mashinsky bragged in the past that none of their hedge fund borrowers defaulted when the market tanked in early 2020. So that shows it's a realistic possibility. I'll just monitor and if there's a big dip I'd cashout ASAP.

Only thing holding me back right now is figuring out the fees. I know they charge about 1% to buy USDC. I'm wondering if anyone has experience cashing out? They say they don't charge you to withdrawal. But once it gets to your exchange like Coinbase or Coinbase pro, what are the fees to turn USDC into cash?