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Title: OkCoin Lending Post by: Mayer Amschel on September 10, 2015, 06:50:02 AM So quick question for you all.
Have you made a good profit lending BTC on the OkCoin platform? I am interested in storing my BTC and maintaing a good profit rate. Please discuss your experiences. Title: Re: OkCoin Lending Post by: andysbizz on September 10, 2015, 07:33:42 AM So quick question for you all. Have you made a good profit lending BTC on the OkCoin platform? I am interested in storing my BTC and maintaing a good profit rate. Please discuss your experiences. I invest btc on other platforms, and have about 10% Title: Re: OkCoin Lending Post by: Mayer Amschel on September 10, 2015, 07:55:22 AM Which other platforms do you recommend?
Title: Re: OkCoin Lending Post by: CEG5952 on September 10, 2015, 08:02:01 AM Which other platforms do you recommend? You could go and try ecoin.eu trading platform if you're interested in trading. Made some profits with them and still does. Very good platform and user-friendly too. They also offer a card where you can directly withdraw your coins to fiat. Title: Re: OkCoin Lending Post by: bitwarrior on September 10, 2015, 08:04:31 AM So quick question for you all. Have you made a good profit lending BTC on the OkCoin platform? I am interested in storing my BTC and maintaing a good profit rate. Please discuss your experiences. I invest btc on other platforms, and have about 10% Can you share which other platforms are these that provide good yields? Same question too if OKCoin lending is it good or what? Thanks. Title: Re: OkCoin Lending Post by: Za1n on September 10, 2015, 11:19:22 PM Poloniex and Bitfinex allow you to lend your coins and/or USD (Bitfinex). The rates vary, mainly depending on what is happening in the market. For instance, when Ethereum first hit Poloniex the BTC lending rates were as high as 2% daily at times. It has now come down from those rare and lofty highs, but still around a respectable 0.15% daily rate that corresponds into a 55% annual return.
Title: Re: OkCoin Lending Post by: dukeneptun on September 11, 2015, 12:39:03 AM OKCoin is now closed to the US citizens, due to legal issues. I can't use their service anymore.
Title: Re: OkCoin Lending Post by: Mayer Amschel on September 11, 2015, 06:43:38 AM OKCoin is now closed to the US citizens, due to legal issues. I can't use their service anymore. :/ luckily im not in USATitle: Re: OkCoin Lending Post by: NorrisK on September 11, 2015, 06:57:09 AM What are the risks of lending through an exchange? Is it somehow covered in case someone tries to run with the money?
Title: Re: OkCoin Lending Post by: Mayer Amschel on September 11, 2015, 07:07:33 AM What are the risks of lending through an exchange? Is it somehow covered in case someone tries to run with the money? I know in OkCoin you can pay for insurance incase the borrower defaults. Some % of your profits goes to the platform then. Title: Re: OkCoin Lending Post by: NorrisK on September 11, 2015, 07:11:19 AM What are the risks of lending through an exchange? Is it somehow covered in case someone tries to run with the money? I know in OkCoin you can pay for insurance incase the borrower defaults. Some % of your profits goes to the platform then. So there is no automatic selling of the borrowers assets to cover the coins? Kind of risky to do lending like this imo. Atleast without insurance I wouldn't even touch it. Title: Re: OkCoin Lending Post by: romjpn on September 11, 2015, 07:12:18 AM What are the risks of lending through an exchange? Is it somehow covered in case someone tries to run with the money? Normally a stop loss is triggered and the money returned to the lender but it's not 100% sure. The borrower can't take the money and leave, he can just trade on the exchange. If you guys are interested I will be listing all the lending enabled exchanges on my website : http://InvestBitcoinGuide.com |