Is this a serious thing? freebitco.in/ - scroll down 1/2 way of page. EARN INTEREST ON YOUR DEPOSITS section.
Just curious, didnt see anyone mention, but 4% daily compounded interest is kind of exciting if it is legit.....any one any info?
Its not 4% daily but 4% anually ( every year ) but you will get your interest daily. It breaks down to around 0.011% everyday and if you keep on compunding it, it will hit around 4% anually.
Even with 4% annual interest isn't that great. If you're thinking of depositing money in a casino account only to accrue the interest rate then you're definitely not looking into the right place.
There are plenty of exchanges which can give you better rates than that, so I wouldn't risk a large amount of money on a casino for the sake of interest, unless of course, your deposit is for betting and as a bonus on the side you get a small % of the interest paid daily.
Can you given an example of some trading sites that offers the same with a higher interest?
I'd love to check them out, 4% compounded is already good for me as long as you can trust where you deposit your money, but if there's a higher amount than that, then I would not hesitate putting my money to them, the only risk is on the site going scam but it's unlikely for a long time running site.
If you read the 2nd user on your quoted statement, Freebitco.in didn't offer a 4% compound interest daily. The OP misunderstood it. 4% is the approximately annual interest so obviously some lending on exchange like binance gives higher interest rate rather than the casino offer. Try check out coin staking on Uniswap and Sushi swap. The APY percentage is very high that is close to the value of compounding interest.