RE: How to multiply your Bitcoins the old school way

You are viewing a single comment's thread from:

How to multiply your Bitcoins the old school way

in cryptocurrency •  8 years ago 

This is not true. The average daily interest rates on lending BTC or any other coin vary significantly, and offer much lower interest. Poloniex deducts its own 0.15/0.25% fee on every coin-coin (fiat-coin) exchange. Have you doubled your coins? No? You're simply misleading others. If somebody's lucky enough they'll earn around 10% yearly at the very best

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  
  ·  8 years ago (edited)

They deduct 15% on interest you make on loans, nothing else is deducted. No I've not doubled my coins, but the 10% you are talking about was achieved in about a month.

The interest rates on Bitcoin are also consistently higher than the other coins.