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Topic: [OFFICIAL]Bitfinex.com first Bitcoin P2P lending platform for leverage trading - page 290. (Read 723903 times)

member
Activity: 106
Merit: 10
Question:

Perhaps a dozen times this evening I've offered to swap ('lend') +30k USD for 30 days at a high interest rate. Repeatedly my offer is on the books for a short period, and then is either briefly accepted and then kicked back to my 'swappable balance' or appears to go directly to 'swappable balance.' What is going on here? Why can't I just offer it and know it will remain on offer until it is accepted??

Thanks in advance ...
I had the same issue today. In the last 5 hours I offered my money 5 times at 'low' interest rates. I've seen huge orders in "USD Liquidity demand" (200k). It seems like each time it was processed, my money goes back to my swappable balance. (The history page indicates my offers were accepted each time)

Is this an an attempt to manipulate the lending rates? It's hard to believe people bought 200k$ on btc to close the position within an hour. And repeat this 4 more times.
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
On way to avoid this is to just lower the rate you want. Higher rates are only take for ultrashorttime trades at this moment. (Just my 2 cents)

So if you offer a more competitive rate, your CFD will stay in a position much longer.

Well in the last hour, i had the same thing happen to me too. Maybe my strategy isn't as sound as i thought.

Within 1 hour, the same amount canceled 5 times. (Always offered the best rate at 2 days lending time)
legendary
Activity: 1680
Merit: 1001
CEO Bitpanda.com
On way to avoid this is to just lower the rate you want. Higher rates are only take for ultrashorttime trades at this moment. (Just my 2 cents)

So if you offer a more competitive rate, your CFD will stay in a position much longer.
hero member
Activity: 1120
Merit: 554
Question:

Perhaps a dozen times this evening I've offered to swap ('lend') +30k USD for 30 days at a high interest rate. Repeatedly my offer is on the books for a short period, and then is either briefly accepted and then kicked back to my 'swappable balance' or appears to go directly to 'swappable balance.' What is going on here? Why can't I just offer it and know it will remain on offer until it is accepted??

Thanks in advance ...
full member
Activity: 152
Merit: 100
Where can I find my paid back (to me) loans history?

I do not believe there is any "paid back loans history". I know BFX pretty well and I've never seen it. You could request such a feature and perhaps they will add a log of it.

I'd love to see this option added also, been looking for it myself. The only way I know of is setting a mail notification after an offer has been taken, bu I'm not looking at my account all the time so sometimes I miss the chance to add a notification before the offer closes
newbie
Activity: 42
Merit: 0
Why I can't have autorenew liqudity offers both in BTC and USD?

Thanks

I'd like to hear an answer on this too! This option was just pulled with no explanation. Is it coming back? If so any estimates? It's a major pain to renew manually, thus removing renew option takes away a lot of liquidity for no reason
m19
full member
Activity: 186
Merit: 100

Question about stop loss order... i need to fully understand what they are...

so if i put in a stop loss order in @ $100 and the price hits $99 it will market sell my order correct?

does the stop loss order ever fail i swear last time i tried it it didnt sell when the price dropped below, any reports of it failing before?

I'd also like a clearer explanation of the different order types.
The currently document is hard to find and hard / unclear to understand.
full member
Activity: 235
Merit: 100
Why I can't have autorenew liqudity offers both in BTC and USD?

Thanks
legendary
Activity: 1316
Merit: 1000

Question about stop loss order... i need to fully understand what they are...

so if i put in a stop loss order in @ $100 and the price hits $99 it will market sell my order correct?

does the stop loss order ever fail i swear last time i tried it it didnt sell when the price dropped below, any reports of it failing before?
legendary
Activity: 1199
Merit: 1047
Where can I find my paid back (to me) loans history?
legendary
Activity: 2618
Merit: 1007
It is automatic but the matching engine seems to run only every few minutes. I would recommend to post your own offers and just wait for takers by the way, for comparison my FRR offers get taken all the time after a short time and return 20% more than what you will get per day.
legendary
Activity: 1199
Merit: 1047
So I have offered liquidity by just accepting one of the USD Liquidity demand offers. But it hasn't been filled automatically, but some minutes later. Why isn't it automatic?
legendary
Activity: 1199
Merit: 1047
Balance on trading: Used on "margind trade" tab.
Balance on exchange: Used on "exchange" tab.
Balance on deposit: Used on "whateverlendingiscalled" tab.

Thank you, I have just found how to manage wallets.
legendary
Activity: 2618
Merit: 1007
Balance on trading: Used on "margin trade" tab.
Balance on exchange: Used on "exchange" tab.
Balance on deposit: Used on "whateverlendingiscalled" tab.
legendary
Activity: 1199
Merit: 1047
I have deposited BTC. The deposit has already been confirmed by email. And the balance appears at "trading", instead of deposit or exchange. When I try to sell that balance, I get "Invalid order:not enough balance". What is going on?
newbie
Activity: 21
Merit: 0
Hello,

I'm having a problem using some of the API commands like "/order/new".  Most of the commands I check work fine.

https://api.bitfinex.com/v1/order/new not return valid respond when I'm using my key/secret for post new order.

You can see the problem even without user key/secret or posting the right parameters.

For example when you try to access:

https://api.bitfinex.com/v1/order/status

the return message is:
{"message":"X-BFX-APIKEY header was not sent."}

Which is reasonable.

But when you try to access:

https://api.bitfinex.com/v1/order/new

You receive the message:

"The page you were looking for doesn't exist."



Please assist






newbie
Activity: 42
Merit: 0
I must be missing something. How does one lend at the flash rate? Can't see anything under Liquidity swaps/Offer liquidity???

Click the secret gray "Options" tab below where you enter the stuff.

HOWTO with screenshots: http://bfxwiki.everdot.org/HOWTO_lend_at_Flash_Return_Rate


It's a button!?! Shocked between that and the performance summary button i feel like i'm on a easter egg hunt. Thnx
newbie
Activity: 42
Merit: 0

3. If I lend at the flash rate I'm assuming any expiry or rate I enter into those fields are ignored, correct?

If you lend flash then expiry or "Period (in days)" is honored. The "Rate (% per day)" field is ignored.



I must be missing something. How does one lend at the flash rate? Can't see anything under Liquidity swaps/Offer liquidity???
full member
Activity: 238
Merit: 100

...
If that's the flash return rate than flash is taken. If there are lending offers below flash return rate then those are taken.
 

Cool, so essentially the tag "flash rate" on the lending screen is just for reference and doesn't effect the matching algo.  

Thanks oyvinds!

BTW, couple feature requests (where can I request these?)...
1. Give lenders the ability to extend time on a loan so it doesn't expire.
2. The option to set the auto-renew +/- the current flash-rate (rather than now where it's just exactly the flash rate).
3. A history tab for swap opens/closes/credits (current history only includes opens and daily total credit).
legendary
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
Can someone explain how the flash return rate works on lending?  

1. If I buy on margin, does my margin get taken at the lowest offer, or from the "flash rate" offer?

2. If all funds at the flash rate get exhausted do margin buys execute automatically at the next higher rates, or does the "flash rate" increase to the next highest offer (regardless of expiry).

3. If I lend at the flash rate I'm assuming any expiry or rate I enter into those fields are ignored, correct?

1. I believe this is from the lowest offer

2. next higher rates

3. I have never done any flash rate "borrowing" (or "liquidity taking" in the new terminology), but it seems logical to me that expiry matters (you are always taking liquidity from a liquidity provider, who may want to use his money after a certain time), but rates do not.  If you specifically want to take the flash rate, I think you manually need to take the liquidity on the liquidity swaps page.
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