CoinMarketCap now publishes cryptocurrencies interest rates

It’s hard to know whether cryptocurrencies should be more like traditional finance but it seems that they are moving that way and this is a giant step.

Data website Coinmarketcap.com (CMC) has started to publish the interest rates you can earn on your holdings through lending programs at different exchanges.

It shows what cryptocurrencies you can earn interest in and also what the borrowing rates are. So on the left-hand side you can choose your “coin of choice” and then look through the tabs to see what you could earn.

If you then click on the link it will take you to the page where the lending schemes are set up. If you are a borrower then you can do the same on the borrowing tab.

This is a good development in the crypto industry as traditional high street banks are offering terrible savings rates as looser monetary policy grips the world. The only issue I can see on the horizon is the lending rate vs volatility. If you lend BTC at 6% but then it drops 6%…