Post
Topic
Board Beginners & Help
Re: Would You Recommend Investing Binance Pays 9.70% Interest on USDC
by
pakhitheboss
on 17/04/2024, 13:45:21 UTC
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've recently been scammed out of my money investing in Atomic Wallet so I'm skeptical about investing.

I would not recommend anyone to store money on any exchange wallet and that to 10K. The reason being exchange have been vulnerable to attacks in the past and some exchange themselves have scammed users. The latest was FTX exchange where a lot of users lost their investment. If you still want to earn 9.70% interest then beware it is risky but it is your money and your decision.