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3# You put your crypto in Gemini to earn and then Gemini gives your crypto to Genesis. Genesis lends those cryptos to others and makes a profit. Finally, a certain portion of that profit returns to you through Genesis and Gemini. No matter how safe and secure a crypto exchange feels, you cannot say for sure you are not at risk, especially when you get involved in an earn program. Before making any financial decision, don't just look at how much you are earning, pay attention to how much risk you are taking. When you consider the risk and return, you can come up with a better decision.
4 comments
Wise advise. Take the risk but calculated risk :)
When you take calculated risks, you are completely aware of how much you lose if it could go wrong. You can execute your strategy in a better way. Thank you for your feedback!
Yes, always need to make sure you're getting more than you're risking. I don't keep anything on the exchanges. Just use them to trade
Great! If you are not actively trading, there is no point in leaving cryptos on exchange.