common-close-0
BYDFi
Trade wherever you are!
header-more-option
header-global
header-download
header-skin-grey-0

Can I earn interest on my Salt holdings on FTX?

avatarRuby ZhongNov 23, 2021 · 3 years ago3 answers

I have some Salt holdings on FTX. Can I earn interest on them?

Can I earn interest on my Salt holdings on FTX?

3 answers

  • avatarNov 23, 2021 · 3 years ago
    Yes, you can earn interest on your Salt holdings on FTX. FTX offers a lending program where you can lend out your Salt and earn interest on it. This is a great way to put your Salt holdings to work and earn passive income. Keep in mind that the interest rates may vary and it's important to do your own research before participating in any lending program.
  • avatarNov 23, 2021 · 3 years ago
    Absolutely! FTX allows you to earn interest on your Salt holdings through their lending program. By lending out your Salt, you can earn a return on your investment without having to actively trade. It's a convenient way to make your Salt work for you and generate additional income. Just make sure to carefully review the terms and conditions of the lending program before participating.
  • avatarNov 23, 2021 · 3 years ago
    Yes, you can earn interest on your Salt holdings on FTX. FTX has a lending program that allows you to lend out your Salt to other traders and earn interest on it. The interest rates are determined by market demand and can vary over time. It's important to note that lending your Salt does come with some risks, so it's recommended to only lend an amount that you're comfortable with and to diversify your lending across different assets and platforms.