Hot wallet with marketmaking for earning interest on bitcoin and other cryptocurrencies
Wallet with marketmaking - Earn interest on bitcoin
Wallet with marketmaking is a Chrome extension that allows users to trade and earn interest on bitcoin and other cryptocurrencies through marketmaking. It enables users to exchange BTC for other crypto and provides liquidity to earn interest on bitcoin. The extension works in the background, performing exchanges with other users. The system is in beta with an audit from dsec, and users are advised to invest only funds they can afford to lose. It offers the flexibility to withdraw funds at any time and the potential to increase earnings by promoting swap opportunities within communities.
Extension stats
Rating: 4.33
(3)
Creation date: 2019-05-18
Risk impact: Very low risk impact
Risk likelihood:
Manifest version: 2
Size: 8.78M
Email: su*****@onout.org
Ranking
# 61,020
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Extension summary
BTC, ETH, WBTC crypto wallet with marketmaking feature. User can exchange BTC to another crypto or earns interest on bitcoin by providing liquidity to exchange.
How it works?
- in first start the app generates 12 words secret phrase and creates BTC, WBTC and ETH crypto wallets
- user can deposit/withdraw crypto
- user enable/disable "marketmaking"
- extention works in background and performs exchanges with another users
Why it works? The marketmaker earns on the difference in exchange rates when servicing the purchase and sale (spread)
Is it safe?
- The system is in beta
- There is an audit from dsec
- We recommend investing only those funds that you do not mind losing
User reviews
The web version works fine but the chrome extension never shows the orders in order book, i think its not working, you need to fix the issues.
Works even better than the website!
Extension safety
Risk impact
Wallet with marketmaking does not require any sensitive permissions.
Risk likelihood
Wallet with marketmaking has earned a fairly good reputation and likely can be trusted.
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