Exchanges offering Interest on Deposits

in #bitcoin5 years ago

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Direct competition for banks

So a couple of thoughts on the crypto exchanges offering interest on their holdings kept on the exchange:

  • They are desperate for coins in their pool
  • They are now in competition with bank accounts as people will always seek greater yield
  • They want a cushion to protect themselves from failure to deliver

This will bode well for crypto holders (

Not so much the banks)

Maintain control... do not play their game

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Good Health – Evan Pantazi ‬
‪Posted on eSteem‬
#Kyusho
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‪Image Credits:‬ sheros

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well hopefully it will be good for investors loads of people will be eyeing on

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