Post
Topic
Board Altcoin Discussion
Re: What is your view about lending coin?
by
nydiacaskey01
on 30/11/2017, 20:35:59 UTC
What is your view about lending coin?
Bitconnect, Hextracoin, Regalcoin, Firstcoin and many more.

I just see profit from lending, where is that profit from?
I think Bitconnect is the pioneer in this concept but their promise of daily interest and almost 1 year of holding your collateral is very risky. You might be able to earn your capital back in two to three months since interest that Bitconnect promises can go as low as Zero and as high as 2%. Vitalik already warned investors about this kind of scheme.