MultiversX Tracker is Live!

Liquidity Swap instead of hodling ?

Binance

Cryptocoins Exchanges / Binance 319 Views

Hey, so I was wondering whether it would make sense to instead of simply hodling (for example BTC) to put it into liquidity swap ? I was thinking of the BTC / WBTC pair since WBTC(from my understanding) is backed with BTC. In my mind I thought that this would mean, according to current rates I'd get +6% per year without "losing" or selling my btc. is there something I'm missing? (fees put aside)
Also, I didn't really get a quote from binance of how high those fees would be. what % should I expect them to be?

I'd appreciate any correcting my wrongful thoughts or helping out.

I hope I got my question across, not a native speaker

submitted by /u/Jotsohn
[link] [comments]
Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments