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Anyone ever lost money on lending sites?

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Has anyone lost money on lending platforms?
I'm looking into putting part of my saving fund onto lending sites to gain interest.
Is it worth it, some sites I found Nexo, BlockFi, MyConstant offering 4-8%.
They say it's compound interest but not saying on what period.
Anyone got experience in these kinda things?

submitted by /u/Danielpxp
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