So I expanded my research and discovered the apy on Bitget PoolX is 18.97% for USDT & 28.61% on ETH. The highest I've seen during this study. Maybe I'll expand my search. If you're holding ETH, I believe this is a way to grow assets without getting caught up in the day-to-day market fluctuations.
I know that you're shilling this exchange but I cannot find that poolx and only find out the savings which is about 4.5% for USDT.
And with ETH, it is 3%.
While I still use Binance and Okex for different reasons, I still believe that this means of increasing one's holdings can go a long way, because if one saves up $100K he would be getting $2K monthly and that's enough than risking to lose everything to high leverages, how do you see this to count for traders and enthusiasts?
If I've got that amount, I won't be confident depositing it on any centralized exchange to be honest even with attractive rates.
I think some top exchanges pull billions of $$ in daily volumes.i don't think depositing that is risky, I just feel proper research needs to be done and stick with platforms with some good reputation. Here's what I got from Twitter. Also noticed PoolX is flexible & you earn hourly too. Might take a look further.