Wednesday, July 17, 2024

CoinLoan Limits Withdrawls

By DAC000 , in DeFi fintech bubble , at July 5, 2022 Tags: ,

reducing daily limits to $5,000 / customer / day from the previous limit of $500,000 / customer / day. About a one minute read.

Comment: yes, I’ve never stake in earnest, although I have experimented. Too cautious with my crypto, but I can understand how folks can be attracted to yields of over 12% but gosh — I’m doing about 14% in The US High Yield market. Which, by contrast, is totally regulated. CoinLoan isn’t regulated to the same extent so, higher risk, higher reward — in this particular market.