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.
https://postimg.cc/cgTf88QSYou recieved enough recommendations of what you can do and what you should do. Binance definitely can handle 10K so I wouldn't mind trusting them with 10K but the 9.7APY isn't attractive at all, when the profits will be lost on capital gains and inflation so at the end you are taking risk with 10K literally to make pennies.
On the other hand you can just buy Bitcoin for that 10K, move to a comd storage in the next few years it will be atleast doubled this making 100% returns surpassing 40% APY of staking excluding taxes and inflation.