Re: Would You Recommend Investing Binance Pays 9.70% Interest on USDC

Quote from: Anderson0077 on Today at 06:20:00 PM

Right now I have $10,000 in USDC which pays 5.1% interest on Conibase.
I would like to transfer my funds to Binance and earn 9.70% on USDC. Do you believe this would be a smart move?

I wouldn’t recommend you keep such a huge amount in an exchange. I only stake BNB on Binance because it’s their coin so there is no point in moving it to my wallet. In case you are wondering why everyone is against storing your coins on Binance or Coinbase, read this:
Topic: Recent events should make everyone withdraw all their coins to their own wallets
Recent events should make everyone withdraw all their coins to their own wallets: Part 2
Recent events should make everyone withdraw all their coins to their own wallets: Part 3

Quote from: Anderson0077 on Today at 06:20:00 PM

I've recently been scammed out of my money investing in Atomic Wallet so I'm skeptical about investing.

Do you mind sharing more information on this?