Any advice/contribution or ideas will be highly appreciated.
Thank you all.
When I read your topic about 'loans on the Kucoin exchange' I remember that the discussion was discussed here at that time.Thank you all.
OP, the topics below will most likely help you when it comes to loans on the Kucoin exchange.
Topic: Kucoin Insane Interest Rates for USDT (Opportunity for USDT lenders)
Right now it is possible to lend USDT with 180% yearly interest rates. What is going on?
When i look at the lending orderbook it seems like it is possible borrowers can fill lending orders up to 300-400% APY.
It seems like great opportunity.
Note that you can lend with 7, 14 or 28 day options and even though you lend for 7,14 or 28 days borrower can pay anytime and interest gathered hourly. If borrowers pays early he only pays for the time he borrowed for. When someone take a long position system automatically borrows for 28 days. So 28 day orders are most likely to get filled.
When i look at the lending orderbook it seems like it is possible borrowers can fill lending orders up to 300-400% APY.
It seems like great opportunity.
Note that you can lend with 7, 14 or 28 day options and even though you lend for 7,14 or 28 days borrower can pay anytime and interest gathered hourly. If borrowers pays early he only pays for the time he borrowed for. When someone take a long position system automatically borrows for 28 days. So 28 day orders are most likely to get filled.
And this as:
Additional information for you.
How do l lend Usdt on kuCoin.
How to Make a Withdrawal on KuCoin
I think the above information explains everything how the KuCoin exchange works.
.I also want to say thank you to every other person that have commented, i really appreciate you all and your comments, thank you all and happy earning.
