Bitbuy and Cred Open Canadian Bitcoin Lending Platform | Bitcoin Magazine
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Services offering interest on Bitcoin are growing.
Bitbuy Canadian cryptocurrency trading teamed up with Cred to allow users to gain up to 10% of interest in their accounts on the exchange.
Lending seems to be thriving and it a good thing. Proves that loans can be done with crypto. The problem is that it might end up like gold and centralized...
We should remember not our keys not our coins.
And look out for decnetralized option such as the defi option made on Eth or upcoming ones like tradelayer/debnk on LN(BTC).
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I've been liking Blockfi so far- only getting 8% GUSD however and less on others
Looks like it's only available to Canadian residents for now