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Topic: Poloniex Lending Explanation ? (Read 244 times)

full member
Activity: 634
Merit: 106
Europe Belongs To Christians
November 11, 2017, 10:36:29 AM
#5
i lended 4.4 BTC at rate 0.0078% for 2 days on poloniex


how much profit is i am going to make ?


i see Bitfinex Offers 0.032% interest per day, how much can i make with 5 BTC on bitfinex, its really confusing

Simple, if borrower will keep your BTC full 48h, you will get back 4.4+ 0.0078%/per day(2*0.003432-15%)=4.4058344BTC

did you try bitfinex? why they provide so high rates, are they secured?
No, I did not lend in bitfinex, but I think both exchange in same secured level(bitfinef some time ago was robbed, and limiting part of the client's funds)
Interest rate depends on the available supply, and not always higher in bitfinex, few day ago in polo, when btc price rise rate was even 0.2%, so you should keep track of it.


thanks ill keep the track but for now i am shifting my 70% funds to bitfinex, thanks for information
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
November 11, 2017, 09:36:28 AM
#4
i lended 4.4 BTC at rate 0.0078% for 2 days on poloniex


how much profit is i am going to make ?


i see Bitfinex Offers 0.032% interest per day, how much can i make with 5 BTC on bitfinex, its really confusing

Simple, if borrower will keep your BTC full 48h, you will get back 4.4+ 0.0078%/per day(2*0.003432-15%)=4.4058344BTC

did you try bitfinex? why they provide so high rates, are they secured?
No, I did not lend in bitfinex, but I think both exchange in same secured level(bitfinef some time ago was robbed, and limiting part of the client's funds)
Interest rate depends on the available supply, and not always higher in bitfinex, few day ago in polo, when btc price rise rate was even 0.2%, so you should keep track of it.
full member
Activity: 634
Merit: 106
Europe Belongs To Christians
November 11, 2017, 05:41:47 AM
#3
i lended 4.4 BTC at rate 0.0078% for 2 days on poloniex


how much profit is i am going to make ?


i see Bitfinex Offers 0.032% interest per day, how much can i make with 5 BTC on bitfinex, its really confusing

Simple, if borrower will keep your BTC full 48h, you will get back 4.4+ 0.0078%/per day(2*0.003432-15%)=4.4058344BTC

did you try bitfinex? why they provide so high rates, are they secured?
legendary
Activity: 3514
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
November 11, 2017, 05:07:27 AM
#2
i lended 4.4 BTC at rate 0.0078% for 2 days on poloniex


how much profit is i am going to make ?


i see Bitfinex Offers 0.032% interest per day, how much can i make with 5 BTC on bitfinex, its really confusing

Simple, if borrower will keep your BTC full 48h, you will get back 4.4+ 0.0078%/per day(2*0.003432-15%)=4.4058344BTC
full member
Activity: 634
Merit: 106
Europe Belongs To Christians
November 11, 2017, 03:28:59 AM
#1
i lended 4.4 BTC at rate 0.0078% for 2 days on poloniex


how much profit is i am going to make ?


i see Bitfinex Offers 0.032% interest per day, how much can i make with 5 BTC on bitfinex, its really confusing
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