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Monday, 26 August 2019
Earn money on your unused cryptocurrency with Binance? It’s probably more hassle than it’s worth
Digital asset exchange Binance is launching a cryptocurrency lending platform later this month. In a blog post published earlier today, the exchange announced what it’s calling “Binance Lending.” A platform which Binance CEO, Chanpeng Zhao, touted would let users “earn crypto in their sleep.” Binance is positioning the platform as a “value-add” service for exchange users that hold idle digital assets. In other words, if you have some tokens or coins on Binance that you’re just letting sit there, you could make some money by offering them for use in Binance‘s lending platform. Users that lend out their dormant coins…
This story continues at The Next Web