[2014-06-30] CD: Huobi Margin Trading, Interest Accounts to Bitcoin and Litecoin

[LiteCoinGuy]

Huobi Brings Margin Trading, Interest Accounts to Bitcoin and Litecoin

http://www.coindesk.com/huobi-brings-margin-trading-interest-accounts-bitcoin-litecoin/

[Chef Ramsay]

This is likely to be the first of many margin trading/interest bearing accounts to be offered. I mean, in order to offer savers interest they gotta allow something to happen w/ the coins and they certainly can't print more of them. This seems like a very responsible free market way of encouraging savings (of any currency) and they guarantee all users funds and bear all the liquidity risks. They are a big shot after all.

[daviducsb]

This is one app that could lead to massive adoption and its amazing to me that people are not valuing it more. We all ought to be vetting these platforms and encouraging bigger players to do the same thing.

[Ron~Popeil]

That is an appealing idea for sure, but not holding my own private keys makes me a bit nervous. If they do go ahead with independent audits I would feel safer.