Topic: 💹 Coinlend.org - The lending bot for Poloniex and Bitfinex - page 3. (Read 20969 times)

We’re thrilled to announce that Alex Mashinsky, serial entrepreneur and CEO of Celsius Network, is bringing his skills to Coinlend as its newest advisor.



https://coinlend.org/#!Content:Team

Alex is one of the inventors of VOIP (Voice Over Internet Protocol) with a foundational patent dating back to 1994 and is now working on MOIP (Money Over Internet Protocol) technology. Over 35 patents have been issued to Alex, relating to exchanges, VOIP protocols, messaging and communication. As a serial entrepreneur and founder of seven New York City-based startups, Alex has raised more than $1 billion and exited over $3 billion. Alex founded two of New York City’s top 10 venture-backed exits since 2000: one of his first companies, Arbinet, IPO’d in 2004 with a market capitalization of over $750 million; and another venture, Transit Wireless, was valued at $1.2 billion at the time of exit.

Alex has received numerous awards for innovation, including being nominated twice by E&Y as entrepreneur of the year in 2002 & 2011; Crain’s 2010 Top Entrepreneur; the prestigious 2000 Albert Einstein Technology medal; and the Technology Foresight Award for Innovation (presented in Geneva at Telecom 99).

As one of the pioneers of web-based exchanges, Alex authored patents that cover aspects of the Smart Grid, ad exchanges, Twitter, Skype, App Store, Netflix streaming concept and many other popular web companies. Additionally, Arbinet’s fundraising story was featured as a case study in 2001 by Harvard Business School.

We are very happy to announce, that Coinlend has it's own Subreddit now. Feel free to ask any lending-related question there. We also created a designated thread to track all feedback/suggestions in a single place.

https://www.reddit.com/r/Coinlend/

Tired of the sliders to adjust your lending rates? Try out the new "Expert Mode" to configure parameters like "Minimum Interest Rate" or "Threshold for Max. Loan Duration" with a free text input field! Available for all Premium and Business users!

Use our new Rate Spread Strategy to spread your loans over a range of interest rates up to 20 loans.

The goal of the rate spread strategy is to spread out the interest rate of the generated loans evenly between the minimum and maximum rate. This strategy allows users with enough funds to benefit from lower rates on the one hand which are taken faster and higher rates which will utilize rising or spiking interest rates. The user can configure a spread up to 20 loans. There are three ways to define the minimum and maximum rate:

Fixed: The user defines a fixed minimum and maximum rate.
Relative (Abs): The user defines an offset that is added/subtracted to/from the optimal lending rate calculated by the platform.
Relative (%): The user defines an offset that is applied relative to the optimal lending rate calculated by the platform. E.g. If the lending rate calculated by Coinlend is 20% and a relative minimum rate of 10% is defined: The resulting minimum rate would be 22%.

Did you already try the new Duration Spread Strategy? Available for all premium and business users!

The goal of the duration spread strategy is to spread the duration of the generated loans evenly between the minimum and maximum duration. This strategy allows users with enough funds to benefit from long-term rates on a part of its balance, and at the same time, he can keep an amount available in the short term. The user can configure a spread up to 20 loans.

The duration of the loans varies from 2 days - 60 days. Most lenders are long-term holder and don't care about the short-term price swings too much.

I see rates on your site for Ripple 742% and Doge 582%.
Is that how much return I would get? What is the duration of that rate?
Why are the rates so high on your site?
Right now on Poloniex the rate to borrow BTC is about 0.007% a day which is only about 2.5% a year.
And if the price of bitcoin drops then you could easily end up losing money.
I don't get how you would make very much money lending. What is the strategy?

@galihco Feel free to ask anything!

Did you join Bitcointalk just to ask that questions?   

Why this tread full of reply from yourself

The Coinlend paid account model including advanced lending strategies will go live tomorrow. Only 8 hours left to claim your 10% bonus!

https://coinlend.org/#!Wallet

We are proud to announce that Coinlend joined Cobinhood - Zero Fee Cryptocurrency Exchange margin funding beta. Closed beta testing on Coinlend will start in the near future. More details can be found here: https://www.coinlend.org/#!Blog:Cobinhood_integration



Sign up for Cobinhood:

https://cobinhood.com/?referrerId=797faca2-d6c8-4d67-a753-92c2621d3e53

We are happy to announce our new referral system: From now on you will receive 10% of the fee Coinlend charges on your referral's interest for 12 months from the day of his or her sign up. You can find your personalized Referral link at "Settings -> Referrals" alongside all users that already signed up with your link.

Referral payments will show up daily in the Coinlend wallet: https://coinlend.org/#!Wallet

Thanks, please give us some feedback, if you tried it

I will try it if it will work...

Check out the new pricing page to understand the different account types:

https://coinlend.org/#!Content:Pricing

Some of the lendable coins have absolutely no volume on Quoinex, so they are never lent out actually. We are monitoring all the coins on Quoinex and we will add them when it makes sense.

The reversed reserved amount is on our list of features we will implement in the future!

Quoine also supports a few others. See the dropdown box on https://home.quoinex.com/lend/offers . When will those be available? Or am I missing something?

On the other hand the app shows coins on Poloniex, that do not seem to be able to be loaned out:

Edit: Image won't load here. See https://pasteboard.co/HxCc0qY.png


And a feature request. Can you make the "inverse" from your current "reserve amount" option available? I.e. I have 1012 XRP, but only want to make 1000 XRP available for lending by the bot. This would be useful when wanting to withdraw profits for a coin. Otherwise they are mostly locked in loans.

Can you make your newsletter emails multipart MIME (text/html)? Thanks!

We redesigned the coin settings interface. All input elements are now collapsed by default and can be expanded by clicking the description. This results in a less cluttered UI and lets us put more configuration options into the interface.