Is this possible? Example you lend bitcoin to something similar to like a bank and they give you interest on it? Like how now they give you 2% interest?
I heard binance is doing something similar like that but it was like 10%?
Lending has been possible for a while now in different exchanges. By joining their lending services, you essentially freeze your crypto on a specified time for you to earn interest.
In Binance, they are offering 3% interest on BTC, not 10%. They are only giving 10% interest on BNB, USDT, and others altcoins.