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Topic: How secure is Poloniex lending? - page 2. (Read 6576 times)

hero member
Activity: 2926
Merit: 533
Leading Crypto Sports Betting & Casino Platform
August 14, 2016, 11:00:59 AM
#5
I am considering to try the lending feature of Poloniex for the first time. I read all the stuff that is available for the feature. It seems very risk-free (except the fact that Polo could be hacked and lose balances). Besides from this, is there any risk what I did not see?
lending always has some risks especially if you are the lender. there is a possiblity that the person you are lending on polo might default on the loan. and i believe that polo doesnot guarentee to return back your money if the person defaults. but you should contact the polo support to find out if there are really some major risk factors or not. just my 2 cents!
edit : btw, are you trying to take a loan or give loan to others ? just curious to know.

Oh, is this true? I thought, Poloniex is guaranteeing the payback of the loan. If this would not be the case, then the lending interests are very low in my opinion  Roll Eyes
LOL, if poloniex guaranteeing their lander I think this is will become a new way for scammer to trying joining in them, but this is my first time about a new featured from colonies, but wanna to visit them this time.
sr. member
Activity: 364
Merit: 250
Want Loan ? : Goo.gl/KjntcF
tyz
legendary
Activity: 3360
Merit: 1533
August 14, 2016, 08:20:24 AM
#3
I am considering to try the lending feature of Poloniex for the first time. I read all the stuff that is available for the feature. It seems very risk-free (except the fact that Polo could be hacked and lose balances). Besides from this, is there any risk what I did not see?
lending always has some risks especially if you are the lender. there is a possiblity that the person you are lending on polo might default on the loan. and i believe that polo doesnot guarentee to return back your money if the person defaults. but you should contact the polo support to find out if there are really some major risk factors or not. just my 2 cents!
edit : btw, are you trying to take a loan or give loan to others ? just curious to know.

Oh, is this true? I thought, Poloniex is guaranteeing the payback of the loan. If this would not be the case, then the lending interests are very low in my opinion  Roll Eyes
hero member
Activity: 1050
Merit: 681
August 14, 2016, 08:11:29 AM
#2
I am considering to try the lending feature of Poloniex for the first time. I read all the stuff that is available for the feature. It seems very risk-free (except the fact that Polo could be hacked and lose balances). Besides from this, is there any risk what I did not see?
lending always has some risks especially if you are the lender. there is a possiblity that the person you are lending on polo might default on the loan. and i believe that polo doesnot guarentee to return back your money if the person defaults. but you should contact the polo support to find out if there are really some major risk factors or not. just my 2 cents!
edit : btw, are you trying to take a loan or give loan to others ? just curious to know.
tyz
legendary
Activity: 3360
Merit: 1533
August 14, 2016, 08:06:11 AM
#1
I am considering to try the lending feature of Poloniex for the first time. I read all the stuff that is available for the feature. It seems very risk-free (except the fact that Polo could be hacked and lose balances). Besides from this, is there any risk what I did not see?
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