As it turned out, my hunch was indeed accurate. This time, I decided to cancel the lending mining on Binance after only one day, otherwise I might suffer a heavy loss. This is the first time I have suffered a loss by participating in Launchpool through lending on Binance. According to the information shared by other coin friends, their lending mining cost is about $1.1. I bought it at 0.63 before the market opened, and it is expected to arrive tomorrow. It is not yet certain whether I will face losses.
I entered the blockchain field in 2017 and am keen on finding relatively stable arbitrage opportunities between centralized exchanges (CEX) and decentralized exchanges (DEX). I look forward to sharing and discussing the opportunities for coin circle and the latest developments and views with like-minded people. As a long-term investor, the current main positions (BTC, BNB, UNI, CAKE, WLD have been sorted by position size). If you are also passionate about cryptocurrency, please like, follow and leave a message to exchange your experience.