Bitcoin Forum

Economy => Trading Discussion => Topic started by: Cheddy on January 02, 2018, 12:01:34 PM



Title: Poloniex BORROWING RATES very very.....very cheap??? How cheap.....in USD?
Post by: Cheddy on January 02, 2018, 12:01:34 PM
I was looking at the Poloniex loan rates on mostly 2 day loans, and they are something like .0050%.  

If I borrow 1 bitcoin at .0050% a day, what does that cost in USD?  

My math seems too low to be true.  


Title: Re: Poloniex Margin Rates very very.....very cheap??? Right or Wrong?
Post by: Cheddy on January 02, 2018, 12:30:10 PM
I was actually talking about the loan rates that seem fictionally cheap.

Can I do this?

Borrow money from the lending tab, and then use it in the margin tab to day trade with?

I day trade futures contracts, stocks, and options.  I'm just trying to get this market figured out and my routine structured.