GoFuckYourself.com - Adult Webmaster Forum

GoFuckYourself.com - Adult Webmaster Forum (https://gfy.com/index.php)
-   Fucking Around & Business Discussion (https://gfy.com/forumdisplay.php?f=26)
-   -   BTC lending sites? (https://gfy.com/showthread.php?t=1364737)

Paul&John 05-11-2023 11:10 AM

BTC lending sites?
 
Hi there!

Anyone got some BTC at crypto lending sites? I've a little at Ledn IO but they keep lowering interest rates and currently its pretty low - 1.5%. I guess it's not worth the risk anymore considering they can go tits up as any other platform, better just move it elsewhere or out to Trezor.. Tried to look at some comparisons, but most of them list only a few sites (where they earn from referrals) and many times with outdated APY..

Thanks!

wankawonk 05-11-2023 11:21 AM

if you're borrowing you're gonna want to use a DeFi protocol -- AAVE. The interest rates are low, i've never seen them above 4% and they're usually below 3%. there's very little risk of it going tits up because its all algorithmically driven, there's no shady company behind the scenes doing whatever they want with your funds. your funds are safe in the protocol.

for lending....instead of lending, you're much better off to hold USDC on coinbase. 4% interest currently. its coinbase, there's essentially no risk.

Paul&John 05-11-2023 11:35 AM

The thing is that I want to lend BTC.. its a part of my portfolio i'm HODLing.

wankawonk 05-11-2023 06:50 PM

Quote:

Originally Posted by Paul&John (Post 23133549)
The thing is that I want to lend BTC.. its a part of my portfolio i'm HODLing.

the interest rates for that are inherently shit because the only reason to borrow BTC is to short it. not many people doing that.

Pim(P) 05-11-2023 08:46 PM

I'm using Nexo

Rebel D 05-12-2023 12:42 AM

Logging into Poloniex to retrieve my referral code I notice: 29,500,000 KING Airdrop to Celebrate the Listing of KING (KING). Great earn support too op.

https://i.imgur.com/XfsXDLX.gif


All times are GMT -7. The time now is 09:09 PM.

Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
©2000-, AI Media Network Inc