You are viewing a single comment's thread from:RE: PRISM by Shapeshift.ioView the full contextandytherbg (42)in #bitcoin • 7 years ago what the purpose of prism ??
I believe it outlined the reason at the end of the video
does prism act like a lendiing/marging ?
It provides you the ability to create a portfolio of different cryptocurrency. Its not exactly lending.
but how you can get different crypto if you only use ethereum?
Let say you have $1000 in ETH. You'll invest a percentage of each currency, for example 1/3 Dash, 1/3 Monero, 1/3 Litecoin etc.
ah ok
and whe you withdraw it give you only ethereum minus the fee ?
Exactly! You'll receive any profits less the fees.