April 26, 2024

Binance Liquid Swap Testing

Binance Liquid Swap Testing

Started on 12/19/2020: 2ETH(at a price of $650)+0.0565BTC(at a price of $23,100)=$2605
As of today 01/23/2021: 1.739ETH(at a price of $1265)+0.0665BTC(at a price33000 $) = 4394.5 $

If you just walk around and not invest in a liquidity swap, then the following would be:
2ETH(at a price of $1265)+0.0565BTC(at a price of $33000)=$4394.5

The profitability for a little over a month is less than the calculation error (daily price fluctuations).
Conclusion: using Binance Liquid Swap to park crypto assets is of little interest.