Risk assessment most likely? If your trading servers are somewhere where "they" have strong leverage to shut the servers down, your HK company won't help.
Not in the US and not in Hong Kong.
They are in a safe place.
Have a good day
Giancarlo
Bitfinex Team
I have a question.
I just put my BTCs as SWAP provided with the function "Auto-Renew" and I accidentally left "30 days" as default option.
I just wanted to try out the feature, are my BTCs now "trapped" in SWAP provided for 30 days?
How does it work? I just deactivated the "Auto-renew" function. Does it mean that when the user/users who is borrowing my BTC to short closes his position I can have my BTC back and use them for margin trading or withdrawal (before the 30 day period)? How can I access my BTCs without having to now wait for 30 days?
Thanks.
Hi Giancarlo
I have a question.
I just put my BTCs as SWAP provided with the function "Auto-Renew" and I accidentally left "30 days" as default option.
I just wanted to try out the feature, are my BTCs now "trapped" in SWAP provided for 30 days?
How does it work? I just deactivated the "Auto-renew" function. Does it mean that when the user/users who is borrowing my BTC to short closes his position I can have my BTC back and use them for margin trading or withdrawal (before the 30 day period)? How can I access my BTCs without having to now wait for 30 days?
Thanks.
I have a question.
I just put my BTCs as SWAP provided with the function "Auto-Renew" and I accidentally left "30 days" as default option.
I just wanted to try out the feature, are my BTCs now "trapped" in SWAP provided for 30 days?
How does it work? I just deactivated the "Auto-renew" function. Does it mean that when the user/users who is borrowing my BTC to short closes his position I can have my BTC back and use them for margin trading or withdrawal (before the 30 day period)? How can I access my BTCs without having to now wait for 30 days?
Thanks.
If the person that borrowed your btc keep the contract for 30 days and if he's not closed because of the margin there is no way to get it back.
Strictly speaking, this^^ is correct and there is no fault in this of Bitfinex. However, considering the fact that there is plenty of coins which people do want to lend, I personally see no wrong doing by Bitfinex if your get your coins released as a courtesy, per your request to support.
As a few times already in the past, this is one of the situations where it's not Bitfinex' own decision, because it's a contract between the two business partners.
Cheer up, you're gaining money on this "error", Wandererfromthenorth :-)
Ente
Although I'm very, very cautious with entering loans and such a mistake has never happened to me I fear the day I'm putting in a 30 day lending offer and enter a zero too much. I've seen this happen so often on the orderbook which is why I've been advocating an option where the lender can close his loan if he can find another swap offer for a cheaper rate and equally long duration to replace his.
at a reasonable price, please do contact me via mail. Also I'm in serious need of donations to pay for webhosting, as it'll cost me between $45 - $100 each month to keep providing the service as before. Just keep in mind I do this for fun. I'm not sure I'll keep providing this service when it will cost me $45 per month... Rgards Bjorn 