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/biz/ - Business & Finance

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9768774 No.9768774 [Reply] [Original]

Any significant money to be made from crypto lending?

Say I have 10 BTC sitting there in my trezor not doing much, can i lend them out for any passive cash?

I had a quick look at bitfinex margin funding but the rates seem pretty shit for btc, about 0.007% daily if I'm understanding this correctly which works out to approximately 2.5% a year, basically negligible return for the risk of exposing the coins on an exchange. The USDT rate seems pretty attractive at ~0.1% a day which is like 26.5% a year. I guess the compounded returns are higher.

Anyone got a bit more insight on this and got calculators to work out the adjusted return?

>> No.9768861

>>9768774
>op pic
I know a few normies who did this and brag like it's a real accomplishment. If only they knew the trials we go through trading full time.

>> No.9768881
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9768881

>> No.9769072
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9769072

bump

>> No.9769279

bitconnect relaunch

>> No.9769516

>>9768861

> full time trader

Kek. Top larp faggot.

>> No.9769528

https://www.bfxdata.com/calculators/swaps.php

>> No.9769545

>>9768774
not really, the only risk free (well almost) lending is to lend to banks and they have shitty interest
another option is to lend privately to someone with higher interest, but you have to remember that there is a reason they can't get the loan from a bank

>> No.9769557

>>9768774
If you put all that into neo you would earn between 7-11 USD per day in GAS

>> No.9769651

>>9769557
or he could buy 10 GIN masternodes and earn 400 usd per day instead shitbrain

>> No.9769677

>>9769557
Hardly worth it, may as well tether and sell lending profits for crypto.

>> No.9769699

>>9769516
>no one trades full time
Are you retarded? Most of us on /biz/ do nothing but trade crypto.

>> No.9769878

>>9769699
Can confirm. Been living exclusively off crypto trades for a year now

>> No.9770349

Ever thought about invoice factoring?
There are 2 projects in crypto space, which i expect to go live in late summer. I expect a return about 2 - 5 % per month depending on risk.