Bitcoin Forum

Economy => Exchanges => Topic started by: Mattjc882002 on October 10, 2014, 06:27:03 AM



Title: Bitfinex
Post by: Mattjc882002 on October 10, 2014, 06:27:03 AM
Hi All,

I have several questions about the option to lend your funds on bitfinex, sorry if these have all been answered I have searched through the site but can't find all answers.

1) Is their a minimum amount you can lend with regards to btc I.e. 5btc?
2) Is it 100% guaranteed that you cannot lose any of your btc through lending? Has anyone had a situation where they have came worst off?
3) I see you can set interest rate (I believe) for those that have done/doing this what rates have you gone with?

 


Title: Re: Bitfinex
Post by: desticy on October 10, 2014, 07:00:59 AM
you can send mail to support@bitfinex.com (http://support@bitfinex.com) for side help.


Title: Re: Bitfinex
Post by: BTCfan668 on October 10, 2014, 10:32:41 PM
Hi All,

I have several questions about the option to lend your funds on bitfinex, sorry if these have all been answered I have searched through the site but can't find all answers.

1) Is their a minimum amount you can lend with regards to btc I.e. 5btc?
I don't believe so. AFAIK you can lend in any amount you choose, and your offer will be filled in order of interest rate and then time order created.
2) Is it 100% guaranteed that you cannot lose any of your btc through lending? Has anyone had a situation where they have came worst off?
It is possible, in theory to lose money if the market price swings against the borrower to quickly and too sharply. They do have certain risk controls to try to prevent this from happening but it is possible.


Title: Re: Bitfinex
Post by: HeroCat on October 11, 2014, 04:15:54 PM
Lend BTC to me and no problems  ;D
Options through PM