Topic: BTC interest rates ? (Read 1503 times)
I learned to don't trust anyone, I would not send my coins to Huobi and hope it won't close.
Huobi wants to lure in greedy fools before pulling a Gox on them.
Then why stop at 7% ? It's hardly an earth shattering return given the risks.
A higher amount would sound too fishy, more than 7% is.
There is currently no reputable bitcoin bank/business which offer deposit facility to bitcoin user.
Deposit facilities are very different to lending facilities.
There is currently no reputable bitcoin bank/business which offer deposit facility to bitcoin user.
Considering the fact that an exchange can pull a MtGox overnight and you might have to fight months or years to get anything back, 7% seems pretty cheap.
Is the 7% interest on your bitcoin, not it's fiat value?
BTC interest rates (for swap loans to short sellers) on Bitfinex are about 1.5% pa. But Huobi's same offering at their new Yubibao account is closer to 7% pa. Why the disparity ?
http://www.coindesk.com/huobi-brings-margin-trading-interest-accounts-bitcoin-litecoin/
I would not put my BTCs someplace in hope of %7 pa. http://www.coindesk.com/huobi-brings-margin-trading-interest-accounts-bitcoin-litecoin/
7% is rather low considering the risk.
Huobi wants to lure in greedy fools before pulling a Gox on them.
Then why stop at 7% ? It's hardly an earth shattering return given the risks.
Demand and Supply at the risk of sounding dumb?
But why would the demand for BTC loans by short sellers on Huobi be so much greater than on BFX?
Huobi wants to lure in greedy fools before pulling a Gox on them.
Demand and Supply at the risk of sounding dumb?
BTC interest rates (for swap loans to short sellers) on Bitfinex are about 1.5% pa. But Huobi's same offering at their new Yubibao account is closer to 7% pa. Why the disparity ?
http://www.coindesk.com/huobi-brings-margin-trading-interest-accounts-bitcoin-litecoin/
http://www.coindesk.com/huobi-brings-margin-trading-interest-accounts-bitcoin-litecoin/
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