your service free or paid sir
if your bot real rate in poloniex lending or not example rate doge 2% in your bot same 2%
can direct exceution in lending to polo or not
if your service paid how much price ?
Topic: Poloniex Lending Bot Service - page 5. (Read 25000 times)
Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.
I think the interest rates in XMR are quite good. Where else would you get 0.2%/Day for your capital? The bot has lended out my funds constantly since I started it yesterday. I would never be able to do that manually.
Yes, but invest in XMR extremely high risk because tomorrow i don't know how failing price on Monero, very low capitalization and high volatitily.
holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable. I would assume he will refund you, but you never know. If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.
You are probably right. English is not my native language. What I wanted to say was: Don't make the same mistake that I made and just take the time to read the instructions.
As for the site owner: He was very forthcoming and already refunded me without hesitation. So big thumbs up here!
Good thing it all ended up well. At first I was shocked by your post up there. Try to read more then this came up. You should also be careful with your decisions and if you feel that you are still not awake better have some coffee first.
This is real money man! 
Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.
I think the interest rates in XMR are quite good. Where else would you get 0.2%/Day for your capital? The bot has lended out my funds constantly since I started it yesterday. I would never be able to do that manually.
holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable. I would assume he will refund you, but you never know. If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.
You are probably right. English is not my native language. What I wanted to say was: Don't make the same mistake that I made and just take the time to read the instructions.
As for the site owner: He was very forthcoming and already refunded me without hesitation. So big thumbs up here!
Good service. The negative point is that Poloinex very difficult to give a loan at a good interest rate. A lot of orders without traffic all day and there is no demand for capital.
holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
I am not really sure "beware" is appropriate as he mentions multiple times and has warnings that that is not your deposit account, and anything sent there is nonrefundable. I would assume he will refund you, but you never know. If he doesn't you could potentially sell your bot credit at a discount and earn at least something back.
holy mother of idiocy... memo to myself: you shouldn't operate heavy machinery like your BTC wallet before you had your first coffee.
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
Eager to try this service, I just deposited 1BTC to my bot credit account, thinking this deposit would be used for lending. I hope this is not as un-refundable as the small notification in the frontend tells me to be... Let's see how flexible the site owner is
beware!
cool!
I just signed up.
going to try this out tomorrow , when I have sometime off from work
I just signed up.
going to try this out tomorrow , when I have sometime off from work
Thank you for the kind words! To set it up, follow the setup instructions after you're prompted to enter your Poloniex API key, transfer your balance to your lending wallet on Poloniex, then activate the bot. One of the innovative things I'm trying to do here, is offer a financial service that has very minimal access to your capital...so if you follow the setup instructions correctly, the bot *only* has permission to lend your funds, it can't trade or withdraw them...hence the need for the secondary deposit address so you can add credits to your bot to use the service. There has definitely been some confusion around this and I'm working on the UI to make things more clear.
There are currently no minimums. There will eventually be a tiered pricing structure to create incentives to lend more. It's still a paid service in beta, because one of the critical components that should be tested is whether users will pay to use the service. That said, your bot can be activated without paying the fees...so you can try it out for free, and pay only if you like it and want to keep going.
Thank you for the feedback, and happy to answer any other questions!
There are currently no minimums. There will eventually be a tiered pricing structure to create incentives to lend more. It's still a paid service in beta, because one of the critical components that should be tested is whether users will pay to use the service. That said, your bot can be activated without paying the fees...so you can try it out for free, and pay only if you like it and want to keep going.
Thank you for the feedback, and happy to answer any other questions!
Maybe you should have posted this in the first one. It made all clear. You might want to edit it so that people will see this first.
It is really cool and I love it. Keep it up.
Never heard about this Lending stuff on Polo.
The bot service you are planing its like a P2P lending "platform"?
The bot service you are planing its like a P2P lending "platform"?
Great!
Why is this bot better than Poloniex lending auto renew?
How much negative bot credit balance is allowed before the bot stops working?
Why is this bot better than Poloniex lending auto renew?
How much negative bot credit balance is allowed before the bot stops working?
Are the Margin Lending Rates from https://www.poloniexlendingbot.com/ realistic?
Are the Margin Lending Rates still up to date? Are these sometimes manually or automatically updated?
I am asking, because I would first make trades to get the most profitable coin which I then can lend.
Copy and paste from today.
Are the Margin Lending Rates still up to date? Are these sometimes manually or automatically updated?
I am asking, because I would first make trades to get the most profitable coin which I then can lend.
Copy and paste from today.
Code:
Margin Lending Rates
Token APY*
ETH 4.39%
BTC 21.24%
BTS 1.69%
CLAM 36.56%
DOGE 0.98%
DASH 11.37%
LTC 1.02%
MAID 3.79%
STR 1.38%
XMR 133.83%
XRP 2.17%
FCT 8.01%
*Rates are volatile. These projections are the result of compounding current lending rates for 365 days and should be considered rough approximations.
They will change and are taken from the poloniex site based on a caculation that I assume uses the current percent earned at lending. Rates fluctuate a lot and probably isn't worth chasing coins for their current return value.
Are the Margin Lending Rates from https://www.poloniexlendingbot.com/ realistic?
Are the Margin Lending Rates still up to date? Are these sometimes manually or automatically updated?
I am asking, because I would first make trades to get the most profitable coin which I then can lend.
Copy and paste from today.
Are the Margin Lending Rates still up to date? Are these sometimes manually or automatically updated?
I am asking, because I would first make trades to get the most profitable coin which I then can lend.
Copy and paste from today.
Code:
Margin Lending Rates
Token APY*
ETH 4.39%
BTC 21.24%
BTS 1.69%
CLAM 36.56%
DOGE 0.98%
DASH 11.37%
LTC 1.02%
MAID 3.79%
STR 1.38%
XMR 133.83%
XRP 2.17%
FCT 8.01%
*Rates are volatile. These projections are the result of compounding current lending rates for 365 days and should be considered rough approximations.
Thanks a million animalrobot for this bot, i will look through it now and i hope it will be simple to understand and implement because naturally this out to cost some cash when buying.
Basically if the price crashes really fast and there aren't enough buy orders to handle all the selling pressure from liquidating margin trading, then you can have a circumstance where there isn't enough liquidity to pay back lenders as the borrowers would be sub prime (under water). Probably not going to happen, but it could.
BTC has been doing pretty well this year and the predictions are positive for the next one, but you are right, you need to include the rarer, but still critical circumstances into the description. If the customers had huge difficulties with paying back due to sudden fall in BTC's price , I can understand you could not pay back the increased amounts of BTC to the providers who provided BTC when its price was higher because that would mean you would have to pay back BTC pro to the fallen rate and I also understand the BTC you can provide for this purpose is also limited and would fall in value at a crash. Well, thank you for clearing it up to me and I wish good luck to avoid such a crisis!
In the description I am reading "Poloniex safeguards against this, but there are circumstances where these safeguards could fail".
What are these "circumstances" exactly and how often do they occur according to your statistics?
What are these "circumstances" exactly and how often do they occur according to your statistics?
Basically if the price crashes really fast and there aren't enough buy orders to handle all the selling pressure from liquidating margin trading, then you can have a circumstance where there isn't enough liquidity to pay back lenders as the borrowers would be sub prime (under water). Probably not going to happen, but it could.
In the description I am reading "Poloniex safeguards against this, but there are circumstances where these safeguards could fail".
What are these "circumstances" exactly and how often do they occur according to your statistics?
What are these "circumstances" exactly and how often do they occur according to your statistics?
Looks nice , I will try it later.
Great site! Will check it out and let you know if I have questions
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