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%?
its possible , the lending sites for bitcoin come and go and you have to pick wisely
whenever you are sending your coins away , you no longer in control
the company or a fund or a site can go bankrupt or turn into scam , so think twice before trying to earn 1-2% a year and risking the whole sum
you could try one of the many lending sites like xcoin or btcpop or you could invest into a casino bankroll , for example
the sites like Bitvest , cryptogames offer public investment bankroll and are , usually , profitable in the long run
there is also freebitco.in that offers >2.5% ROI on your bitcoin balances
once again - be very cautious and never invest what you cannot lose