blockchain.com has good or bad exchange rate?

[tsaroz]

@someoldcoins
Yeah, there are Nexo.io, BlockFi. Since lending is their main activity you get a better alternative compared to others. Their way of working is much more serious. When you're sick you go to the doctor, not to the electrician héhé.
I'm watching these platforms for some time and for sure I won't lend BTC on a platform like Binance, etc...

  0.75% on Binance: what the hell people are doing there? Banks provide a better APR and more important taxes free.

If you want better rates on bitcoin without the hassle of subscribing every now and then, Celsius is a good choice as they are providing over 4% per year on bitcoin interest. NEXO is good for stablecoins as they have the most flexible terms. Every USD stablecoin are converted to USD and can withdraw to any of the available stablecoin with zero fees.

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[LeGaulois]

@someoldcoins
Yeah, there are Nexo.io, BlockFi. Since lending is their main activity you get a better alternative compared to others. Their way of working is much more serious. When you're sick you go to the doctor, not to the electrician héhé.
I'm watching these platforms for some time and for sure I won't lend BTC on a platform like Binance, etc...

  0.75% on Binance: what the hell people are doing there? Banks provide a better APR and more important taxes free.

If you want better rates on bitcoin without the hassle of subscribing every now and then, Celsius is a good choice as they are providing over 4% per year on bitcoin interest. NEXO is good for stablecoins as they have the most flexible terms. Every USD stablecoin are converted to USD and can withdraw to any of the available stablecoin with zero fees.

I'm more interested in Nexo, the main reason is that I can invest in Euros and so get the profits paid in €. I'm currently getting about 2% with my bank and the rate will surely decrease in 1-2 month(s) (maybe 50% less). I have other investments too but I'm really trying to optimize the profits while balancing the risk.

What blocks me with getting paid in BTC is the volatility... I can't afford to invest in something I have no idea what the ROI will be. It's like gambling

Is there a minimum to invest with Celsius? Nexo has a minimum of $1000

0.75% on Binance: what the hell people are doing there? Banks provide a better APR and more important taxes free.

banks don't pay interest on bitcoin.

I forgot to remember this lol

[someoldcoins]

0.75% on Binance: what the hell people are doing there? Banks provide a better APR and more important taxes free.

banks don't pay interest on bitcoin.

that's the difference, lenders want their capital in BTC, not dollars or euros. people also have a lot of trust in binance as a custodian (not sure why) so that could pressure rates even lower than other markets.

the BTC vs BUSD rates gives some insight into margin trading sentiment. low BTC rates = lots of BTC supply = people are scared to short the market. higher BUSD rates (currently 2.7% annual) = less BUSD supply = people are bullish and leveraging long.

i agree

[someoldcoins]

@someoldcoins
Yeah, there are Nexo.io, BlockFi. Since lending is their main activity you get a better alternative compared to others. Their way of working is much more serious. When you're sick you go to the doctor, not to the electrician héhé.
I'm watching these platforms for some time and for sure I won't lend BTC on a platform like Binance, etc...

  0.75% on Binance: what the hell people are doing there? Banks provide a better APR and more important taxes free.

hi

you may like to get clear idea about nexo . i don't see trustpilot as source of truth or authentic anymore https://www.trustpilot.com/review/nexo.io?languages=en&stars=1
but 1 negative review can tell you what you need to know , i also read some users had difficulties to withdraw - their 300 reviews aren't much either and overly positive , i have seen sites with triple number of reviews scamming on trustpilot and edit comments.  


the lending part might not be my original question , but i have interest to double use binance .  


thanks for bringing my attention to binnace which i have been considering to join for a while now .

[coupable]

Also, you'll generally get better prices trading on Binance than using instant swap services.

According to some reviews i have read recently, TrustWallet is a multi-coin wallet provided by binance [Did never use it] , which let you swap between different dupported coins in the wallet. I don't know if using this wallet require a registration in the binance exchange or anything about its fees or time delay, but all reviews confirm that this wallet is trusted and solid enough. Did anyone try it for swapping ?

[1Referee]

I don't know if using this wallet require a registration in the binance exchange or anything about its fees or time delay, but all reviews confirm that this wallet is trusted and solid enough. Did anyone try it for swapping ?

It was 'trusted' when it launched and became even more 'trusted' when Binance acquired TrustWallet last year.

Nope. No registration required. It's just plug and play so to speak. It works via their dex. Fees for using the application aren't charged, but you do obviously have to pay for the network fees.

[someoldcoins]

i tested binance , i'm not satisfied by speed . i got my first deposit after an hour and half , compared to other swap service i used  before this slow .

btw deposits complete in seconds with blockchain.com and i can use balance  , anything under 35 minutes is ok .

https://trustwallet.com/ is this fast ? it's only mobile

[Findingnemo]

i tested binance , i'm not satisfied by speed . i got my first deposit after an hour and half , compared to other swap service i used  before this slow .

btw deposits complete in seconds with blockchain.com and i can use balance  , anything under 35 minutes is ok .

https://trustwallet.com/ is this fast ? it's only mobile

Binance is not a swap service its a trading platform so you need to deposit your coins first which will get reflected on your balance after the confirmations that is why time take and it will depend on your fee used for transactions.

Any swap service will be done by anonymous exchange so you may see faster time since they already have coins on their wallet not on your own.

[someoldcoins]

i tested binance , i'm not satisfied by speed . i got my first deposit after an hour and half , compared to other swap service i used  before this slow .

btw deposits complete in seconds with blockchain.com and i can use balance  , anything under 35 minutes is ok .

https://trustwallet.com/ is this fast ? it's only mobile

Binance is not a swap service its a trading platform so you need to deposit your coins first which will get reflected on your balance after the confirmations that is why time take and it will depend on your fee used for transactions.

Any swap service will be done by anonymous exchange so you may see faster time since they already have coins on their wallet not on your own.

yes , that's true .

their 2FA sucks though , spent 2 hours yesterday to withdraw back to blockchain .

last time with this exchange .


i will use blockhain . will see what i can do with their kyc   .

[Findingnemo]

their 2FA sucks though , spent 2 hours yesterday to withdraw back to blockchain .

last time with this exchange .


i will use blockhain . will see what i can do with their kyc   .

If you are okay with providing your personal details for swapping coins then its good but doing this via exchange will take time you can't make instant transfer anyway.

[someoldcoins]

their 2FA sucks though , spent 2 hours yesterday to withdraw back to blockchain .

last time with this exchange .


i will use blockhain . will see what i can do with their kyc   .

If you are okay with providing your personal details for swapping coins then its good but doing this via exchange will take time you can't make instant transfer anyway.

i'm okay , if service don't seem like harvesting ids or unsafe etc . but i prefer privacy all the time.

blockchain.com works for me , swapping coins complete under 60 minutes . although i believe there are big room for improvement since the exchanges are in-house .

thanks for all replies , i'm happy with this option    .
 

[Findingnemo]

i'm okay , if service don't seem like harvesting ids or unsafe etc . but i prefer privacy all the time.

blockchain.com works for me , swapping coins complete under 60 minutes . although i believe there are big room for improvement since the exchanges are in-house .

thanks for all replies , i'm happy with this option    .
 

Its worth to mention about blockchain's data disclosure policy, they may share your personal data for the selected people I am not sure who are those selected people (might be the government) so make sure you are not doing anything wrong while using their service or you could be traced.

[someoldcoins]

i'm okay , if service don't seem like harvesting ids or unsafe etc . but i prefer privacy all the time.

blockchain.com works for me , swapping coins complete under 60 minutes . although i believe there are big room for improvement since the exchanges are in-house .

thanks for all replies , i'm happy with this option    .
 

Its worth to mention about blockchain's data disclosure policy, they may share your personal data for the selected people I am not sure who are those selected people (might be the government) so make sure you are not doing anything wrong while using their service or you could be traced.

thanks i have just read it ,sound acceptable to me .

 
regards

[bL4nkcode]

i'm okay , if service don't seem like harvesting ids or unsafe etc . but i prefer privacy all the time.

How would you think that a platform offers swapping coins for just 25 bucks in exchange your personal details, for sure they will sell it to anyone (company, project or whatsoever). You can't expect much from a business that offers such this strategy to get more users. So I'd stay away from their give aways with kyc if I were you.

[someoldcoins]

i'm okay , if service don't seem like harvesting ids or unsafe etc . but i prefer privacy all the time.

How would you think that a platform offers swapping coins for just 25 bucks in exchange your personal details, for sure they will sell it to anyone (company, project or whatsoever). You can't expect much from a business that offers such this strategy to get more users. So I'd stay away from their give aways with kyc if I were you.

25k