Poloniex unusual activity of Lending

TheCoinFinder

legendary

Activity: 938

Merit: 1001

Quote from: janamana on September 24, 2017, 12:42:46 PM

It is observed that Poloniex lending activity that, minimum Lending requirement of BTC is 0.01, however, loan takers are allowed (assuming it's real genuine borrower) is allowed to take less than 0.01, so its get split into less than 0.01, lenders will loose any amount not take further which is remains less than 0.01. Is it trick played??

You can earn better lending rates on cryptolend by sponsoring your capital to lenders.
Cryptolend provides marginal lending as to avoid impropriety in their modest service.
Their lending bot automatically creates offers on your behalf.No need to observe constantly.

aspekt

newbie

Activity: 14

Merit: 0

For the counterparty + dump risk, margin lending interest rates don't make any sense.

crairezx20

legendary

Activity: 1638

Merit: 1046

i think much better to report this issue to poloniex support so that they can fix this issue from your side..
try to check here https://poloniex.freshdesk.com/support/home and send it ticket about your issue i hope it can be solve sooner..
If it is 0.01 and reputative there can take less than 0.01 i think it is allowed only for reputative lender there.
Better to make it clarify by contacting them..

949miner

sr. member

Activity: 448

Merit: 250

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Are there still people who use the lending section of poloniex? It gives you less than 10% a year with the actual rates. I dont get the point of investing your btc's in there, you can go to faucets and earn more in there. If you have a lending balance of less than 10 BTC you are not going to earn anything from that.
I remember when the rates were 5% a day on July 31, it was an insane profit, i invested a large amount and the profit was huge.

sylance

full member

Activity: 392

Merit: 102

If you haven't already, you may want to use a lending bot to help with it. I don't think it'll eliminate your issue, but at least it'd get lent out at only 2-days so you'd get your minimum back soon. I use Crypto-Lend and it's free for the first $250 income. Makes handling loans much easier.

https://cryptolend.net/

alva5763

sr. member

Activity: 451

Merit: 250

The same happened to me in the past. You offer 0.01 and because only perhaps 0.005 is taken you cannot make a new loan on the remaining 0.005 and you cannot as lender cancel the loan.

janamana

newbie

Activity: 50

Merit: 0

It is observed that Poloniex lending activity that, minimum Lending requirement of BTC is 0.01, however, loan takers are allowed (assuming it's real genuine borrower) is allowed to take less than 0.01, so its get split into less than 0.01, lenders will loose any amount not take further which is remains less than 0.01. Is it trick played??

Topic: Poloniex unusual activity of Lending (Read 294 times)