You are viewing a single comment's thread from:

RE: We All Love Those High Yields But There's Reason For Alarm

in LeoFinance3 years ago

Well everything tends to have some risk. I have a small amount in Blockfi right now and its only an amount I can afford to lose. The interest seemed like a good offer and I see no reason to refuse it. Of course they could rug pull at some point but I was thinking of the fact that they are a US based company. So I was thinking eventually I might get it back.

Posted Using LeoFinance Beta

Sort:  

Do you have to fill out a KYC for that one? Being that it's a US company I would think so or it's going to be required soon.

Posted Using LeoFinance Beta

I think I did do KYC for it since I was trying to figure out where to split my BTC after the lockdowns started. For the most part, the BTC I bought was bought around 10k so I am in the profit and there is additional BTC profit on top.

Posted Using LeoFinance Beta