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Topic: Binance Lending - page 2. (Read 349 times)

legendary
Activity: 2590
Merit: 3015
Welt Am Draht
August 27, 2019, 04:28:19 AM
#3
Use Bitfinex to lend your coins they have proven their worth.

Bitfinex forced a 36% haircut on their users, even if they got a little token as compensation. And let's not forget their happiness to hand over hundreds of millions of dollars to con artists. I wouldn't trust them any further than I could defecate them.

I don't trust Binance either. I presume they are more competent than Poloniex but no one knows what goes on behind the scenes of these joints and lending is an area where they all seem happy to rape their customers.
jr. member
Activity: 73
Merit: 1
August 27, 2019, 02:56:24 AM
#2
Use Bitfinex to lend your coins they have proven their worth. Here it's very strange because the result is known in advance, like receive 15% per year or even 10% for tether...
full member
Activity: 853
Merit: 114
August 27, 2019, 12:09:29 AM
#1
Binance has just opened it's lending platform, currently only for BNB, ETH and USDT.

https://www.binance.com/en/lending

I wonder when they will add BTC to their offerings.  Somehow Binance seems safer than Poloniex to lend on even though I wouldn't trust CZ with my scooter. Am I delusional?
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