Smashing Coin @SmashingCoin
Following the leading minds in Crypto. Active crypto trader. Doing alright. Joined December 2017-
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@joeyzolfaghari Good question. The interest is paid in the original asset loaned (e.g. Bitcoin), so the price in Fiat has no bearing on the interest paid. It's akin to earning interest in your US bank account in US dollars. Whatever the exchange rate to Swiss Francs, or Euros is not relevant.
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A quick thread on Gemini Earn, as nobody seems to be addressing the key points accurately. YES the T&C's seem scary, BUT, you need to understand where your crypto is going. It's simple, and listed in Appendix A of the Terms. The borrower is one company - Genesis Global Capital.
5. So while the terms seem scary, that is really just Gemini covering themselves comprehensively, as basically all T&Cs do these days.
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🖤🧛♀️Total Eclipse of the Heart 🧛♀️🖤 m.youtube.com/watch?v=lcOxhH…
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@MingoTrades @totrader3 @TicTocTick News coming soon
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