I hope some kind of automated alert is setup to refill the hot wallet. recently, the hot wallet is running out of BTC rather frequently.
Agree. Especially I am doing arbitrage between exchanges......
Delay in withdrawal means slippage
Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 241. (Read 723903 times)
February 24, 2014, 01:30:40 AM
Agree. Especially I am doing arbitrage between exchanges......
Delay in withdrawal means slippage
February 24, 2014, 01:28:41 AM
I hope some kind of automated alert is setup to refill the hot wallet. recently, the hot wallet is running out of BTC rather frequently.
February 24, 2014, 01:20:14 AM
in the past, btc withdraw seems to go through automatically if you have 2FA enabled. Today I try to withdraw some BTC but it has approval pending. Anyone has similar experience?
February 24, 2014, 01:19:59 AM
"Pending Approval" in BTC withdrawal means that there is not enough BTC in hot wallet 
(I have enabled 2 factor authentication)
(I have enabled 2 factor authentication)
February 24, 2014, 12:00:15 AM
The public trades history log is currently only showing 4 trades. Not 100.
February 23, 2014, 11:57:49 PM
So when BFX price is $584 and there is a 6k ask wall on bitstamp at $579.34 - that means we're out of funds on Bitstamp, right?
I suspect the same thing. Either that, or a problem with the link.
February 23, 2014, 11:55:23 PM
So when BFX price is $584 and there is a 6k ask wall on bitstamp at $579.34 - that means we're out of funds on Bitstamp, right?
February 23, 2014, 11:47:12 PM
USD lending rate lowest offered rate spiking to as high as 0.65%.
February 23, 2014, 11:44:28 PM
Please go read back the reason on why 1 hour minimum is implemented.
February 23, 2014, 08:55:23 PM
Someone here is really talkative and noisy......
February 23, 2014, 04:19:11 PM
this thread is a piece of real satire
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
"we"?
No, just one weirdo who LIKES to capitalize some WORDS and act like THE trader spokesman .
Geez, it's the "Lone Ranger" again,
Someone has to stand up for the "Traders",
Would not expect you to, requires backbone of which you're lacking !
February 23, 2014, 03:45:36 PM
this thread is a piece of real satire
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
"we"?
No, just one weirdo who LIKES to capitalize some WORDS and act like THE trader spokesman .
February 23, 2014, 10:05:06 AM
this thread is a piece of real satire
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
Must have been "Lenders"
yelling previously, not "Traders",
Guess that explains the charge now and how it came about, geez !
But let the lenders make some CASH also, "I LOVE LENDERS" !
February 23, 2014, 09:57:29 AM
this thread is a piece of real satire
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
just some page back the whole herd was yelling because you could took out loans below 1 hour without charge. And now we're starting to yell because of that charge?
ROFL
February 23, 2014, 08:16:40 AM
well.. then dun loan.. 1hr is not much bro.. just few cents.. if u know the math.. the purpose of loaning is to earn alot thru margin trading..and if u cant afford the 1 hour trading rule which is a few cents then dun LOAN that simple!
the cost of 1hour fee is ... for example u loan 1k.. the rate is 0.1.. u take 1000x 0.001 = answer / 24
thats the amount u need to pay..
the cost of 1hour fee is ... for example u loan 1k.. the rate is 0.1.. u take 1000x 0.001 = answer / 24
thats the amount u need to pay..
Simple Math,
Yes,
Again,
My whole point here is SPEED,
TRADERS are addicted to SPEED,
Entirely different mindset from a LENDER,
When putting a loan on when the market is moving
SPEED IS EVERYTHING !
At least in my case, I trade in the moment, the here and now.
I don't try to read Crystal Balls and predict the future.
February 23, 2014, 07:22:20 AM
well.. then dun loan.. 1hr is not much bro.. just few cents.. if u know the math.. the purpose of loaning is to earn alot thru margin trading..and if u cant afford the 1 hour trading rule which is a few cents then dun LOAN that simple!
the cost of 1hour fee is ... for example u loan 1k.. the rate is 0.1.. u take 1000x 0.001 = answer / 24
thats the amount u need to pay..
the cost of 1hour fee is ... for example u loan 1k.. the rate is 0.1.. u take 1000x 0.001 = answer / 24
thats the amount u need to pay..
February 23, 2014, 06:20:57 AM
Question to Bitfinex team regarding the following part of the announcement published in January:
1. This means that even if trader closes the position after some 10 minutes of opening it, (s)he would still get charged for 1 full hour of swap use.
2. This situation also has the same "effect" (credited lending time) for the corresponding lender.
3. This 1 hour minimum charge rule applies equally to both states of borrowed swaps "Unused" and "Margin".
Are these three assumptions correct?
Quote
We have imposed a minimum charge of one hour on any matched
liquidity swap to prevent users from inappropriately manipulating liquidity
swap offers and creating unnecessary volatility in liquidity swap rates
This makes sense, but I just wanted to confirm if I understood everything correctly. liquidity swap to prevent users from inappropriately manipulating liquidity
swap offers and creating unnecessary volatility in liquidity swap rates
1. This means that even if trader closes the position after some 10 minutes of opening it, (s)he would still get charged for 1 full hour of swap use.
2. This situation also has the same "effect" (credited lending time) for the corresponding lender.
3. This 1 hour minimum charge rule applies equally to both states of borrowed swaps "Unused" and "Margin".
Are these three assumptions correct?
Wow,
For a "Newbie",
That's a GOOD Freaking question,
I too would like to know the answer to that question,
If I'm being charged a minimum of 1-hour for loans, that would definitely STOP ME FROM BORROWING / TAKING ANY LOANS.
P.S.:
Sounds like my post caught your attention,
Pie in the Sky dreams of the Ferrarri Fading Away ?
HERE'S AN IDEA !
Make the all the columns in the BTC / USD Liquidity offers sortable,
whereas we can sort by swap time / rate / amount,
currently not the case.
Also if we are being charged 1-hour minimum for matched swaps
how about showing in a confirmation pop-up or somewhere
"How Much / Cost" exactly the 1-hour minimum fee is.
February 23, 2014, 06:13:12 AM
I just printed the KYC FORM from https://www.bitfinex.com/KYC%20FORM%20ENGLISH%20INTL.pdf and notice that it says:
"In order to meet the requirements, we would be grateful if you would complete the form below in detail, and attach copies of
the relevant identification documents. These must be certified by a solicitor (or notary, or court officer)"
Is my understanding correct that the bank statement has to be certified before scanning it? Can any one that has already completed the verification comment on that?
Thanks in advanced!
"In order to meet the requirements, we would be grateful if you would complete the form below in detail, and attach copies of
the relevant identification documents. These must be certified by a solicitor (or notary, or court officer)"
Is my understanding correct that the bank statement has to be certified before scanning it? Can any one that has already completed the verification comment on that?
Thanks in advanced!
it should work if it´s an official statement from your bank (logo of the bank on it and so on). Don´t think a notary certification is necessary.
(my own experience when I asked for verification)
Thanks for the answer, thats good news
February 23, 2014, 05:56:20 AM
Question to Bitfinex team regarding the following part of the announcement published in January:
1. This means that even if trader closes the position after some 10 minutes of opening it, (s)he would still get charged for 1 full hour of swap use.
2. This situation also has the same "effect" (credited lending time) for the corresponding lender.
3. This 1 hour minimum charge rule applies equally to both states of borrowed swaps "Unused" and "Margin".
Are these three assumptions correct?
Quote
We have imposed a minimum charge of one hour on any matched
liquidity swap to prevent users from inappropriately manipulating liquidity
swap offers and creating unnecessary volatility in liquidity swap rates
This makes sense, but I just wanted to confirm if I understood everything correctly. liquidity swap to prevent users from inappropriately manipulating liquidity
swap offers and creating unnecessary volatility in liquidity swap rates
1. This means that even if trader closes the position after some 10 minutes of opening it, (s)he would still get charged for 1 full hour of swap use.
2. This situation also has the same "effect" (credited lending time) for the corresponding lender.
3. This 1 hour minimum charge rule applies equally to both states of borrowed swaps "Unused" and "Margin".
Are these three assumptions correct?
February 23, 2014, 05:09:03 AM
Just want to say I made a international wire from U.S.A 10am in the morning. And it show up in my account 11pm the same day.
Wow that was fast. Hope withdraw goes this fast too.
And I want to say Thank you to the Bitfinex team.
I know a lot of people don't show enough appreciation for your work and effort.
So Thank you again for trying to make this platform better for all of us.
Wow that was fast. Hope withdraw goes this fast too.
And I want to say Thank you to the Bitfinex team.
I know a lot of people don't show enough appreciation for your work and effort.
So Thank you again for trying to make this platform better for all of us.
BFX Deposits
Have ALWAYS been FAST !
The WithDrawals are just as FAST,
IF you CHOOSE the RAPID withdraw OPTION,
To pay the 1%,
P.S.:
Originally was equally FAST with 0% withdrawal fee,
But oh well, guess they saw CoinBase doing it and said "WHY NOT",
Bull-Trap / Bear-Trap ?
or
Just Another INCOME STREAM,
Go Figure.
Also WithDrawals are IRREVERSIBLE / NON-CANCELABLE, make sure it's what you want to do, NO SECOND THOUGHTS / CHANCES.
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