matthew_h
Atlanta, GA
3.0
Good platform but beware of volatility
I started using Firelight about six months ago to lend and borrow crypto assets. Initially, it was great because the interest rates were stable and the platform was responsive. However, last month the liquidation prices shifted quickly due to market volatility and I lost some collateral unexpectedly. Support was helpful in explaining the process but I wish there was more warning about sudden changes. it’s a fine service for those who monitor their positions closely, but newbies should be cautious about flash crashes affecting their loans.