Or maybe even lending there? 
Topic: Lending on Poloniex - page 2. (Read 5380 times)
I know that Poloniex is one from safest exchanges.. Kraken also.. Anyone know Bitmarket Or maybe even lending there?
Or maybe even lending there? Poloniex still the best in lending because you have 1% daily interest if you start lend your money there..
But i dont know right now if poloniex still active because i heard that many hackers are monitoring this site..
But i dont know right now if poloniex still active because i heard that many hackers are monitoring this site..
Yeah apart from that i find it quit dangerous to lend my money to someone i don't know by name. Remember we don't now how strict poloniex is practicing their rules which makes it hard to dertermine how risky i tis
What about Kraken? I see they re also developing their margin trading platform.
They have margin trading but I don't think they have users lending. Instead the margin traders borrow from Kraken itself.
Poloniex still the best in lending because you have 1% daily interest if you start lend your money there..
But i dont know right now if poloniex still active because i heard that many hackers are monitoring this site..
But i dont know right now if poloniex still active because i heard that many hackers are monitoring this site..
What about Kraken? I see they re also developing their margin trading platform.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Is this safe? Ask Karpeles.. 
Polo s quite safe, they make a lot of money from their operations and the only real danger would be some form of hacking.
Where can we find the financial report of Poloniex? I trade some coins there, but not sure if it is really safe.
Just take a look at daily volumes and multiply that with their fees. Not to mention they take 15% fee from margin lending.
But I wonder how much bitcoin poloniex have in their bitcoin addresses though. I'm just worried that they have enough money to say "We have 20 million dollars worth of bitcoin? K. We'll shut down the site and claim it was hacked. Ez $20 mil."
I doubt they only have 20 milion inside them,sure when the pump starts and i remember something around 50k bitcoins around just eth besides the others altcoins,big holders,whales sure they moove their coins in and out avoiding taking huge risk and if something happens to poloniex they had taked out their main porfolio,playing with profit just.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Is this safe? Ask Karpeles.. Polo s quite safe, they make a lot of money from their operations and the only real danger would be some form of hacking.
Where can we find the financial report of Poloniex? I trade some coins there, but not sure if it is really safe.
Just take a look at daily volumes and multiply that with their fees. Not to mention they take 15% fee from margin lending.
But I wonder how much bitcoin poloniex have in their bitcoin addresses though. I'm just worried that they have enough money to say "We have 20 million dollars worth of bitcoin? K. We'll shut down the site and claim it was hacked. Ez $20 mil."
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Is this safe? Ask Karpeles.. Polo s quite safe, they make a lot of money from their operations and the only real danger would be some form of hacking.
Where can we find the financial report of Poloniex? I trade some coins there, but not sure if it is really safe.
Just take a look at daily volumes and multiply that with their fees. Not to mention they take 15% fee from margin lending.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
To be honest, you as lender have no collateral if control over collateral have someone else - here Poloniex.
Is this safe? Ask Karpeles..
Well before you be able to get a loan you need to use the margin trade and put some coin into there,then when you get a loan you will know the interest you will have to pay ,and its a low fee,you cant withdraw the money out from poloniex soo you must invest it there soo i believe lending there is safe ,atleast your bitcoins will stay at the exchange and for my own experience i got paid for all lends i had there soo i cant complaint,the fee is very small and lower then here.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Is this safe? Ask Karpeles.. Polo s quite safe, they make a lot of money from their operations and the only real danger would be some form of hacking.
Where can we find the financial report of Poloniex? I trade some coins there, but not sure if it is really safe.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Is this safe? Ask Karpeles.. Polo s quite safe, they make a lot of money from their operations and the only real danger would be some form of hacking.
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
To be honest, you as lender have no collateral if control over collateral have someone else - here Poloniex.
Is this safe? Ask Karpeles..
I'm using poloniex for trade as well as form lend a small amount. And i never had any problem with lending and as above mentioned, poloniex taking collateral from their users so even if the your loan taker has scammed you can still get your money back.
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
Don't.Unlike other peer to peer exchanges ,poloniex barely believes in taking collateral from its members.Most of the loans are given on the basis of submitted documents which can be fake .ROI offered is very less ,plus there is no guarantee when the principal amount will be paid.Stick to BTCJam with trusted members.
This is such bad advice. No lender has lost money on Poloniex, but plenty have been scammed on BTCJam.
True. But in order for Polo rates to go up again, alts markets need to go green and stay green. Cause people lend coins to trade them expecting the price to rise. Very few people know how to short and make money. I dont think we ll see lots of alt green markets just before halving.
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
Don't.Unlike other peer to peer exchanges ,poloniex barely believes in taking collateral from its members.Most of the loans are given on the basis of submitted documents which can be fake .ROI offered is very less ,plus there is no guarantee when the principal amount will be paid.Stick to BTCJam with trusted members.
This is such bad advice. No lender has lost money on Poloniex, but plenty have been scammed on BTCJam.
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
Don't.Unlike other peer to peer exchanges ,poloniex barely believes in taking collateral from its members.Most of the loans are given on the basis of submitted documents which can be fake .ROI offered is very less ,plus there is no guarantee when the principal amount will be paid.Stick to BTCJam with trusted members.
Margin lending? Only Bitfinex but their rates are lower then Polo. 1% per month s fine but u cannot get anymore. For example, current BTC lending rate is 0.0386%, so 0.27% per week. But the problem is Polo takes 15% out of that as a fee and also there s no way u can get your coins lent 100% of the time, unless you use a bot. So, in really, at best, u can get 0.3-0.4% per month, which is still quite OK but not as it used to be.
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
I'm new in Poloniex lending , but in my experience the largest daily rate for btc was around 0.13% daily , most of the time it's between 0.04-0.07%
but in lending alts this may happen , I remember that I gave a Dash loan with 1.3% daily
everything is possible to happen with the rates , but don't expect that huge rate cause as I said usually it's between 0.04-0.07%
I ve been using them for quite some time. Now, it s not even close to what it used to be. To tell u the truth, current rates are not enough to cover the risk of potential default of the exchange. So I m going to pull my coins out.
oh didn't know that , would you please tell me what is the good rate in your opinion cause I find 1% monthly is good
what were the rates before ?? also do you know any similar site that offers the same lending platform ?
Yes, I would like to know too if there is another legit site with this lend option with similar or better rates. For me the 0.13% daily or each two days interest is acceptable, but if there is a risk to lose the money because alt-coins prices I think it's not a good deal.
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
I'm new in Poloniex lending , but in my experience the largest daily rate for btc was around 0.13% daily , most of the time it's between 0.04-0.07%
but in lending alts this may happen , I remember that I gave a Dash loan with 1.3% daily
everything is possible to happen with the rates , but don't expect that huge rate cause as I said usually it's between 0.04-0.07%
I ve been using them for quite some time. Now, it s not even close to what it used to be. To tell u the truth, current rates are not enough to cover the risk of potential default of the exchange. So I m going to pull my coins out.
oh didn't know that , would you please tell me what is the good rate in your opinion cause I find 1% monthly is good
what were the rates before ?? also do you know any similar site that offers the same lending platform ?
Looks like poloniex still halving an issue.. any update for the site.. because i am planning to start lend bitcoins in the lending option.. 1% percent daily..
I'm new in Poloniex lending , but in my experience the largest daily rate for btc was around 0.13% daily , most of the time it's between 0.04-0.07%
but in lending alts this may happen , I remember that I gave a Dash loan with 1.3% daily
everything is possible to happen with the rates , but don't expect that huge rate cause as I said usually it's between 0.04-0.07%
I ve been using them for quite some time. Now, it s not even close to what it used to be. To tell u the truth, current rates are not enough to cover the risk of potential default of the exchange. So I m going to pull my coins out.
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